Close

Broadcom's (AVGO) Price Target Raised to $205 at Deutsche Bank

Go back to Broadcom's (AVGO) Price Target Raised to $205 at Deutsche Bank

Broadcom Limited Announces Third Quarter Fiscal Year 2016 Financial Results and Interim Dividend

September 1, 2016 4:02 PM EDT

Quarterly GAAP diluted loss per share of $0.75; Quarterly non-GAAP diluted earnings per share from continuing operations of $2.89Quarterly GAAP gross margin of 47.0 percent; Quarterly non-GAAP gross margin from continuing operations of 60.4 percentQuarterly interim dividend of 51 cents per share

SAN JOSE, Calif., and SINGAPORE, Sept. 01, 2016 (GLOBE NEWSWIRE) -- Broadcom Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today reported financial results for the third quarter of its fiscal year 2016, ended July 31, 2016, and provided guidance... More