Broadcom revenue rises 28.7 pct [Reuters]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Reuters
Broadcom revenue rises 28.7 percent | Reuters Reuters Staff 1 Min Read (Reuters) - Chipmaker Broadcom Ltd ( AVGO.O ) reported a 28.7 percent jump in quarterly revenue on Thursday on strong demand for its chips from smartphone makers. Net income attributable to ordinary shares rose to $6.23 billion, or $14.62 per share, in the first quarter ended Feb. 4, from $239 million, or 57 cents per share, a year earlier. The company, which announced a quarterly interim dividend, said it recorded a gain of $5.8 billion due to the recently enacted U.S. tax law. Net revenue rose to $5.33 billion from $4.14 billion. Broadcom on Wednesday withdrew its $117 billion hostile bid for fellow chipmaker Qualcomm Inc ( QCOM.O ) after the deal was blocked by U.S. President Donald Trump over national security concerns. Reporting by Sonam Rai in Bengaluru; Editing by Sriraj Kalluvila All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All
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AVGO
Earnings
- 3/7/24 - Beat
AVGO
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- AVGO's page on the SEC website