Broadcom Inc. (AVGO) Q1 2026 (USD): Adj. EPS 2.05 (exp. 2.02), Revenue 19.3bln (exp. 19.22bln)
Newsquawk Staff ·
- To buy back shares for USD 10bln.
Outlook
- Q2 revenue 22bln (exp. 20.5bln).
- Q2 AI Semiconductor revenue 10.7bln.
- Q2 Adj. EBITDA ~68% of projected revenue.
What it means
Broadcom's Q1 results exceeded expectations on both revenue and EPS, suggesting strong operational performance and positive momentum into Q2. The substantial share buyback announcement signals management's confidence in future growth, particularly in AI semiconductor revenue which is projected to surpass previous estimates. This could have bullish implications for both Broadcom's stock and the semiconductor sector overall, potentially boosting investor sentiment in related equities.
Sources
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