Broadcom (AVGO) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus

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Go back to Broadcom (AVGO) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus

Broadcom Inc. Announces First Quarter Fiscal Year 2021 Financial Results and Quarterly Dividends

March 4, 2021 4:15 PM EST

SAN JOSE, Calif., March 4, 2021 /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 2021, ended January 31, 2021, provided guidance for the second quarter of its fiscal year 2021 and announced its quarterly dividends.

"We executed well during our first fiscal quarter driving 14% organic growth year on year," said Hock Tan, President and CEO of Broadcom Inc. "This growth reflects the critical role our technology franchises play in this environment... More