(Reuters) -Broadcom Inc on Thursday appointed its principal accounting officer, Kirsten Spears, as chief financial officer, effective immediately.
The company also forecast current-quarter revenue above Wall Street estimates, signaling higher demand from its key client Apple Inc, which is doubling down on 5G devices.
Broadcom expects first-quarter revenue to be about $6.6 billion. Analysts on average were expecting $6.52 billion, according to IBES data from Refinitiv.
Reporting by Munsif Vengattil in Bengaluru and Stephen Nellis in San Francisco; Editing by Shinjini Ganguli and Anil D’Silva
source: reuters.com