Broadcom (AVGO) Affirms Q2 Guidance, Guides Q3 Revenue Below Views at Mid-Point
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Broadcom Inc. Affirms Guidance for Second Quarter Fiscal Year 2018 and Provides Preliminary Revenue Guidance for Third Quarter Fiscal Year 2018
April 30, 2018 8:30 AM EDTSAN JOSE, Calif., April 30, 2018 (GLOBE NEWSWIRE) -- Broadcom Inc. (Nasdaq: AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today narrowed the range for its revenue outlook for the second quarter of fiscal year 2018, ending May 6, 2018. Â
For the second quarter of fiscal year 2018, the Company expects non-GAAP net revenue in the range of $5,000 million plus or minus $25 million. The Company affirms all other non-GAAP guidance provided on March 15, 2018 for the second quarter. Â
For the third quarter of fiscal year 2018, the Company expects... More
