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Broadcom's solid quarter points to even more strength in the coming quarters

A sign is posted in front of a Broadcom office on June 03, 2021 in San Jose, California.
Justin Sullivan | Getty Images

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Investing Club holding Broadcom (AVGO) reported strong fiscal fourth-quarter results Thursday after the closing bell. On the top line, revenue of $7.4 billion (+15% YoY) outpaced the $7.35 billion consensus. On the bottom line, diluted earnings of $7.81 per share (+23% YoY) edged out the $7.72 per share the Street was looking for.

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