India, June 5 -- Broadcom Inc. (AVGO) revealed earnings for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $4.97 billion, or $1.03 per share. This compares with $2.12 billion, or $0.44 per share, last year.
Excluding items, Broadcom Inc. reported adjusted earnings of $7.79 billion or $1.58 per share for the period.
Analysts on average had expected the company to earn $1.57 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 20.2% to $15.004 billion from $12.487 billion last year.
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Broadcom Inc. earnings at a glance (GAAP) :
-Earn...