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Stockreport

Broadcom takes a private cloud victory lap as it axes bottom-tier VMware partners [Yahoo! Finance]

Broadcom Inc. (AVGO)  More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Broadcom touted success in moving enterprise customers to the VMware Cloud Foundation private cloud platform during a Thursday earnings call , less than a week after eliminating the bottom tier of its technology partner program The tech giant has converted 87% of its 10,000 largest customers to the VCF bundled offering since finalizing the $61 billion VMware acquisition in November 2023, according to CEO Hock Tan. “The momentum from strong VCF sales over the past 18 months since the acquisition of VMware has created annual recurring revenue, otherwise known as ARR, growth of double digits in our core infrastructure software,” Tan said. Broadcom's infrastructure software segment revenue increased 25% year over year, accounting for $6.6 billion of $15 billion in total Q2 2025 revenue, CFO and Chief Accounting Officer Kirsten Spears said during the call. The company's semiconductor segment yielded $8.4 billion, accounting for 56% of total quarterly revenue. Broadcom shook up the V [Read more]
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Stockreport

Broadcom takes a private cloud victory lap as it axes bottom-tier VMware partners [Yahoo! Finance]

Broadcom Inc.  (AVGO) 
More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Broadcom touted success in moving enterprise customers to the VMware Cloud Foundation private cloud platform during a Thursday earnings call , less than a week after eliminating the bottom tier of its technology partner program The tech giant has converted 87% of its 10,000 largest customers to the VCF bundled offering since finalizing the $61 billion VMware acquisition in November 2023, according to CEO Hock Tan. “The momentum from strong VCF sales over the past 18 months since the acquisition of VMware has created annual recurring revenue, otherwise known as ARR, growth of double digits in our core infrastructure software,” Tan said. Broadcom's infrastructure software segment revenue increased 25% year over year, accounting for $6.6 billion of $15 billion in total Q2 2025 revenue, CFO and Chief Accounting Officer Kirsten Spears said during the call. The company's semiconductor segment yielded $8.4 billion, accounting for 56% of total quarterly revenue. Broadcom shook up the V [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS