Broadcom is due to report financial results for the second quarter after the market close on Wednesday. The semiconductor company is expected to report earnings of $10.84 per share on revenue of $12.028 billion, according to estimates from Benzinga Pro.
Vera Bradley experienced a decline in shares after reporting a significant 14.6% drop in first-quarter FY25 sales to $80.6 million, falling short of expectations by nearly $10 million.
Oracle reported fourth-quarter revenue of $14.3 billion, missing the consensus estimate of $14.554 billion, according to Benzinga Pro. Oracle reported fourth-quarter adjusted earnings of $1.63 per share, missing average analyst estimates of $1.65 per share.
Rubrik, Inc. (NYSE:RBRK) reported a year-over-year increase in first-quarter sales results and issued second-quarter revenue guidance above estimates.…