Mizuho Securities Raises Price Target on Broadcom Ltd. (AVGO) Following Solid 3Q Results
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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
August 31, 2016 12:00 PM EDT
SAN JOSE, Calif. and SINGAPORE, Aug. 31, 2016 (GLOBE NEWSWIRE) -- Broadcom Limited (NASDAQ: AVGO), a leading designer, developer and global supplier of a broad range of analog and digital semiconductor connectivity solutions, today announced a new optically isolated sigma-delta modulator device, the Avago ACPL-C799, designed for a wide range of industrial applications including servo drives and motors. The new device features a low differential input range of +/-50 mV allowing designers to reduce power dissipation across a current-sensing shunt resistor in servo drive and motor applications.
Compared to previous generation... More
