Broadcom Sees Y-O-Y Earnings Decrease and 4 Chip and Big Data Stocks on the Move
Broadcom Corp. (NASDAQ:BRCM): Current Price: $33.96
The company reported GAAP net income totaling $251 million or 43 cents per share compared to a net income of $254 million or 45 cents during the same quarter the previous year. This year-over-year earnings decrease resulted from higher expenses. For 2012, GAAP net income was $1.25 per share compared to $1.65 the previous year.