Bullish
Broadcom's stock price rises 1.5% following strong Q3 FY2026 earnings report.
Broadcom Inc. (NASDAQ: AVGO) reported robust financial results for the third quarter of fiscal year 2026, with revenue reaching $29.6 billion, an 86% increase from the previous year. The company also announced a quarterly dividend of $0.65 per share. These positive developments contributed to a 1.5% increase in Broadcom's stock price.
Key points
- Broadcom's Q3 FY2026 revenue of $29.6 billion, up 86% year-over-year.
- Quarterly dividend of $0.65 per share announced.
- Stock price increased by 1.5% following earnings report.
Sources
AI-generated from public news sources. Not financial advice.
