RBC Capital Raises Avago (AVGO) PT After Solid Quarterly Report
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Avago Technologies Limited Announces Fourth Quarter and Fiscal Year 2015 Financial Results
December 2, 2015 4:01 PM ESTQuarterly GAAP gross margin of 54 percent; Quarterly non-GAAP gross margin from continuing operations of 62 percentQuarterly GAAP diluted EPS of $1.49; Quarterly non-GAAP diluted EPS from continuing operations of $2.51
SAN JOSE, Calif., and SINGAPORE, Dec. 02, 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 fourth fiscal quarter and fiscal year ended November 1, 2015, and provided guidance for the first quarter of its fiscal year 2016.Â
Basis of Presentation
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