Broadcom Inc (NASDAQ:AVGO) posted financial results for the second quarter of fiscal 2026 after the market close on Wednesday. Here’s a rundown of the report.
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Broadcom Reports Mixed Q2 Results
Broadcom reported second-quarter revenue of $22.19 billion, missing analyst estimates of $22.27 billion. The semiconductor company posted adjusted earnings of $2.44 per share for the quarter, beating analyst estimates of $2.40 per share, according to Benzinga Pro.
Revenue in the quarter was up 48% on a year-over-year basis, driven by accelerating growth in AI semiconductor revenue and strong operating leverage.
