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Stock impact report

Why Broadcom's Stock Gained 13% Last Month [The Motley Fool]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: The Motley Fool
The semiconductor titan posted strong third-quarter results. Anders Bylund ( TMFZahrim ) Oct 8, 2018 at 5:38PM What happened Shares of Broadcom ( NASDAQ:AVGO ) rose 12.6% in September, according to data from S&P Global Market Intelligence . The semiconductor giant started off with solid earnings results , followed by glowing analyst reports. So what Broadcom reported 13.5% year-over-year revenue growth in the third quarter, sending bottom-line earnings 22% higher. The revenue figure was just below Wall Street's expectations, but the earnings number came in 3% above the Street target. Image source: Getty Images. Now what As a leader in storage and network controllers, Broadcom is riding a strong wave of orders from the data center market. To stay atop that wave, and to stay competitive in a market full of drastic changes, Show less Read more
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