Broadcom Q1 Financial Results
Broadcom reported strong financial results for Q1, with adjusted EPS of USD 1.6, exceeding the Ibes estimate of USD 1.49. The company also achieved a net income of USD 5,503 million. Additionally, Broadcom's Q1 revenue reached USD 14,916 million, surpassing the Ibes estimate of USD 14,610 million. The company's adjusted EBITDA for the quarter was USD 10,083 million, higher than the Ibes estimate of USD 9,646 million.