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Broadcom's Q3 revenue of $29.6 billion and adjusted EPS of $3.32 both exceeded expectations, yet the stock price still fell.
Broadcom announced its latest quarterly earnings, with revenue reaching $29.6 billion, an 86% year-over-year increase, surpassing analysts' expectations of $29.2 billion. Adjusted earnings per share were $3.32, also exceeding the anticipated $3.22. Despite the strong performance, the company's stock price declined.
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