.Friday, September 5, 2024 8:00:04 PM

Broadcom Inc. (NASDAQ:AVGO) exceeded analysts’ expectations in its fiscal third-quarter earnings report, with an EPS of $1.24 and revenue of $13.07 billion. The company’s financial metrics, including a P/E ratio of approximately 139.86 and a P/S ratio of about 15.20, reflect high market valuation and investor confidence. Broadcom’s D/E ratio of around 1.07 and current ratio of approximately 1.04 indicate a balanced level of debt and stable liquidity position, highlighting its financial stability and growth potential in the technology sector.