Broadcom (AVGO) Tops Q2 EPS by 12c, Offers Q3 Guidance

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Go back to Broadcom (AVGO) Tops Q2 EPS by 12c, Offers Q3 Guidance

Broadcom Inc. Announces Second Quarter Fiscal Year 2018 Financial Results and Quarterly Dividend

June 7, 2018 4:02 PM EDT

$1.5 billion in aggregate repurchases of 6.4 million shares in the six weeks ended June 1, 2018Free cash flow of $2,124 million or 42 percent of net revenueQuarterly GAAP gross margin of 50.9 percent; Quarterly non-GAAP gross margin from continuing operations of 66.6 percentQuarterly dividend of $1.75 per share

SAN JOSE, Calif., June 07, 2018 (GLOBE NEWSWIRE) -- Broadcom Inc. (Nasdaq: AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today reported financial results for its second quarter of fiscal year 2018, ended May... More