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Broadcom's second-quarter revenue misses Street
July 23, 2013 / 8:16 PM / 4 years ago

Broadcom's second-quarter revenue misses Street

July 23 (Reuters) - Broadcom posted second-quarter revenue of $2.09 billion and a net loss of $251 million, or 43 cents a share, missing estimates and underscoring concerns on Wall Street that smartphone growth may be waning.

Analysts, on average, expected second-quarter revenue of $2.104 billion, according to Thomson Reuters I/B/E/S.

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