Broadcom Inc. shares slipped in the extended session Thursday after the chip maker topped Wall Street earnings estimates but left its outlook unchanged....
Broadcom Inc.
shares slipped in the extended session Thursday after the chip maker topped Wall Street earnings estimates but left its outlook unchanged. Broadcom shares declined 2.2% after hours, following a 0.8% rise in the regular session to close at $300.58. The company reported fiscal third-quarter net income of $715 million, or $1.71 a share, compared with $1.2 billion, or $2.71 a share, in the year-ago period. Adjusted earnings were $5.16 a share. Revenue rose to $5.52 billion from $5.
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