Broadcom Ltd. (AVGO) Tops Q3 EPS by 7c

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Broadcom Limited Announces Third Quarter Fiscal Year 2017 Financial Results

August 24, 2017 4:05 PM EDT

Quarterly GAAP gross margin of 48.2 percent; Quarterly non-GAAP gross margin from continuing operations of 63.3 percentQuarterly GAAP diluted earnings per share of $1.14; Quarterly non-GAAP diluted earnings per share from continuing operations of $4.10

SAN JOSE, Calif., and SINGAPORE, Aug. 24, 2017 (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 its third quarter of fiscal year 2017, ended July 30, 2017, and provided guidance for the fourth quarter of its fiscal year 2017.

Third Quarter Fiscal... More