Broadcom Corporation Bottom Line Climbs 3% In Q3

(RTTNews) - Broadcom Corporation (BRCM) revealed a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $477 million, or $0.77 per share. This was higher than $461 million, or $0.76 per share, in last year's third quarter.

The company said revenue for the quarter fell 3.1% to $2.19 billion. This was down from $2.26 billion last year.

Broadcom Corporation earnings at a glance:

-Earnings (Q3): $477 Mln. vs. $461 Mln. last year. -Earnings Growth (Y-o-Y): 3.5% -EPS (Q3): $0.77 vs. $0.76 last year. -EPS Growth (Y-o-Y): 1.3% -Revenue (Q3): $2.19 Bln vs. $2.26 Bln last year. -Revenue Change (Y-o-Y): -3.1%