1 Headline Number from This Artificial Intelligence (AI) Giant's Latest Report Could Mislead Investors
Broadcom(AVGO) The Motley Fool·2024-09-14 20:15
Broadcom's revenue growth rate doesn't reflect what's really happening at the tech giant.When dissecting the state of a public company, you can't often rely on the headline figures alone. Frequently, there's more to the story than just revenue growth or profit margins -- there's a story behind each metric.Case in point, consider Broadcom's (AVGO 1.90%) latest report. The company certainly wasn't trying to be misleading, but the headline number that it trumpets -- that its revenue rose 47% year over year to ...