Broadcom Stock Falls Afterhours Despite Strong Earnings Report -- WSJ

By Heather Gillers

Broadcom shares fell about 3.4% in afterhours trading after the firm met analyst expectations for the third quarter, but did not blow them out of the water.

The chipmaker reported revenue of $29.6 billion, up 86% from the same quarter of last year, and non-GAAP diluted earnings per share of $3.32, generally in line with expectations.

"Those are spectacularly good results but that was what investors expected heading in," said Gil Luria, head of technology research at D.A. Davidson. "All the companies around them are reporting far more upside."

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(END) Dow Jones Newswires

September 02, 2026 17:07 ET (21:07 GMT)