Broadcom Stock Drops 2.88% Despite Record Revenue and 12th Rank in Trading Volume

On June 13, 2025, Broadcom Inc. (AVGO) experienced a decline of 2.88% in its stock price, with a trading volume of $45.92 billion, ranking 12th in the day's market activity.

Broadcom Inc. recently announced its financial results for the second quarter of fiscal year 2025, revealing a robust performance driven by strong demand for AI hardware. The company reported revenue of $15.004 billion for the quarter, marking a 20% year-over-year growth. This impressive revenue growth was accompanied by a record $6.41 billion in free cash flow, underscoring Broadcom's strong financial health and operational efficiency.

In addition to its financial performance, Broadcom also declared a quarterly dividend, with an ex-dividend date set for June 20, 2025, and a payout date scheduled for June 30, 2025. This dividend payout is part of Broadcom's commitment to returning value to its shareholders, reflecting the company's confidence in its future prospects.

Broadcom's latest quarterly results also highlighted the company's strategic execution, with earnings per share (EPS) of $1.58, surpassing analysts' consensus estimates of $1.57. This outperformance further solidifies Broadcom's position as a leader in the semiconductor industry, driven by its innovative products and solutions.