Canaccord Genuity Reiterates Buy as Broadcom Ltd. (AVGO) Reports Positive 1Q and Guidance

Go back to Canaccord Genuity Reiterates Buy as Broadcom Ltd. (AVGO) Reports Positive 1Q and Guidance

Broadcom Limited Announces First Quarter Fiscal Year 2016 Financial Results

March 3, 2016 4:01 PM EST

Quarterly GAAP gross margin of 53 percent; Quarterly non-GAAP gross margin from continuing operations of 61 percentQuarterly GAAP diluted EPS of $1.30; Quarterly non-GAAP diluted EPS from continuing operations of $2.41

SAN JOSE, Calif., and SINGAPORE, March 03, 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 first quarter of its fiscal year 2016, ended January 31, 2016, and provided guidance for the second quarter of its fiscal year 2016. 

Recent Developments

Broadcom Limited is... More

Broadcom Limited Announces $0.49 Interim Dividend

March 3, 2016 9:03 AM EST

SAN JOSE, Calif., and SINGAPORE, March 03, 2016 (GLOBE NEWSWIRE) -- Broadcom Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced that its Board of Directors has approved a quarterly, interim cash dividend... More