Broadcom (AVGO) Tops Q1 EPS by 32c, Maintains FY Revenue Outlook

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Go back to Broadcom (AVGO) Tops Q1 EPS by 32c, Maintains FY Revenue Outlook

Broadcom Inc. Announces First Quarter Fiscal Year 2019 Financial Results and Quarterly Dividend

March 14, 2019 4:15 PM EDT

SAN JOSE, Calif., March 14, 2019 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its first quarter of fiscal year 2019, ended February 3, 2019, and announced a quarterly dividend.

"We had a good start to 2019 as we continued to execute on our proven business model. Strong results in our networking business supported our semiconductor solutions segment, despite the anticipated sharp decline in wireless. Additionally, our infrastructure software segment performed extremely well as we made good progress... More