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Broadcom's Fourth-Quarter Revenue Beats Expectations


Ron Burgundy
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To match interview BROADCOM/SAN FRANCISCO (Reuters) - Broadcom posted higher fourth-quarter revenue on Thursday that exceeded Wall Street's expectations as the company increased its focus on wifi and broadband chips. Broadcom, a leader in connectivity chips with features like Wifi and Bluetooth, reported fourth-quarter revenue of $2.14 billion, up 3.8 percent from the year-ago period. Analysts on average had expected fourth-quarter revenue of $2.11 billion, according to Thomson Reuters I/B/E/S. (Reporting by Noel Randewich; Editing by Meredith Mazzilli)




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