Broadcom (AVGO) PT Raised to $215 at Oppenheimer

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Broadcom Limited Announces Fourth Quarter and Fiscal Year 2016 Financial Results and Interim Dividend

December 8, 2016 4:02 PM EST

Quarterly interim dividend doubled to $1.02 per share from the prior quarterQuarterly GAAP gross margin of 52.5 percent; Quarterly non-GAAP gross margin from continuing operations of 60.8 percentQuarterly GAAP diluted loss per share of $1.59; Quarterly non-GAAP diluted earnings per share from continuing operations of $3.47

SAN JOSE, Calif. and SINGAPORE, Dec. 08, 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 fourth fiscal quarter and fiscal year ended... More