04:44 PM EDT, 09/05/2024 (MT Newswires) -- Broadcom ( AVGO ) reported fiscal Q3 non-GAAP diluted earnings late Thursday of $1.24 per share, up from $1.05 a year earlier.

Analysts polled by Capital IQ expected $1.21.

Net revenue for the quarter that ended Aug. 4 was $13.07 billion, up from $8.88 billion a year earlier.

Analysts surveyed by Capital IQ expected $12.96 billion.

For fiscal Q4, the company expects revenue of about $14 billion. Analysts polled by Capital IQ expect $14.04 billion.

Broadcom ( AVGO ) said its board approved a quarterly dividend of $0.53 per share, payable Sept. 30 to shareholders of record Sept. 19.

Shares of Broadcom ( AVGO ) were down over 5% in after-hours activity.

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