NEW YORK (Reuters) - Chip maker Broadcom Corp (BRCM.O) beat its quarterly revenue target on Tuesday, citing strength in its wireline business segments, enterprise and broadband, and it forecast continued revenue growth, sending its shares up about 8 percent.

Broadcom, which makes chips for mobile phones, network equipment and consumer devices said its profit rose to $74.3 million, or 14 cents per share, from $61 million, or 10 cents a share, in the year-ago quarter.

Revenue rose to $1.03 billion from $901.5 million.

This compared with its forecast for first-quarter revenue between $975 million and $1.005 billion and average analyst estimates for $992.16 million, according to Reuters Estimates.

The company said that, while it remains “cautious on the macroeconomic front” it expected solid revenue growth for the current quarter, citing strong customer order trends.

“While we remain cautious on the macroeconomic front, based on strong ordering trends from our customers throughout the first quarter, we expect solid revenue growth for the second quarter within each of our three major target markets,” Chief Executive Scott McGregor said in a statement.

Broadcom's business segments include enterprise and broadband, which it said were both stronger than expected in the quarter, as well as wireless, including cell phone chips.

The report follows a disappointing outlook for the current quarter from bigger wireless chip rival Texas Instruments (TXN.N). Broadcom shares rose to $25.40 after closing down 1 percent at $23.55 in regular Nasdaq trading.

(Reporting by Sinead Carew; Editing by Andre Grenon)