Broadcom (AVGO) Tops Q3 EPS by 16c, Revenues Miss; Offers 4Q Revenue Outlook

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Go back to Broadcom (AVGO) Tops Q3 EPS by 16c, Revenues Miss; Offers 4Q Revenue Outlook

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

September 6, 2018 4:15 PM EDT

SAN JOSE, Calif., Sept. 6, 2018 /PRNewswire/ -- 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 third quarter of fiscal year 2018, ended August 5, 2018, provided guidance for the fourth quarter of its fiscal year 2018 and announced a quarterly dividend.

"Datacenter demand is driving strong growth in more than 50 percent of our consolidated revenue," said Hock Tan, President and CEO of Broadcom Inc. "Through the strength of our franchise business model, we delivered another quarter of... More