Broadcom (AVGO): LT Sustainability Over NT Positive Results; PT Up to $199 - Sterne Agee CRT
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Broadcom Limited Announces Second Quarter Fiscal Year 2016 Financial Results and Interim Dividend
June 2, 2016 4:02 PM EDTQuarterly GAAP gross margin of 30 percent; Quarterly non-GAAP gross margin from continuing operations of 60 percentQuarterly GAAP diluted loss per share of $3.02; Quarterly non-GAAP diluted earnings per share from continuing operations of $2.53Quarterly interim dividend of 50 cents per share
SAN JOSE, Calif. and SINGAPORE, June 02, 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 second quarter of its fiscal year 2016, ended May 1, 2016, and provided guidance... More
