Avago Tech (AVGO) Tops Q3 EPS by 10c; Guides Q4 Revenue

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Go back to Avago Tech (AVGO) Tops Q3 EPS by 10c; Guides Q4 Revenue

Avago Technologies Limited Announces Third Quarter Fiscal Year 2015 Financial Results

August 26, 2015 4:02 PM EDT

Quarterly GAAP gross margin of 51 percent; Quarterly non-GAAP gross margin from continuing operations of 61 percent Quarterly GAAP diluted EPS of $0.84; Quarterly non-GAAP diluted EPS from continuing operations of $2.24

SAN JOSE, Calif. and SINGAPORE, Aug. 26, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wireless, enterprise storage, wired, and industrial end markets, today reported financial results for the third quarter of its fiscal year 2015, ended August 2, 2015, and provided guidance for the fourth quarter of its fiscal year 2015.

Basis of Presentation

Avago's... More