Broadcom Inc. quarterly adjusted earnings came in at $9.73 per share for the quarter ended July 2022 , surpassing the Zacks Consensus Estimate of $9.62 per share. Earnings were $6.96 per share in the year-ago quarter.
The semiconductor company’s revenues were $8.46 billion, topping the Zacks Consensus Estimate by 0.70%. Sales were $6.78 billion in the year-ago quarter.
Broadcom CEO Hock Tan told analysts on a conference call that he sees “true demand” in the company’s end markets, taking into account weakness in consumer markets (as reported in MarketWatch).