Broadcom (AVGO) Tops Q1 EPS by 31c, Q2 Revenue Guidance Beats

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Go back to Broadcom (AVGO) Tops Q1 EPS by 31c, Q2 Revenue Guidance Beats

Broadcom Inc. Announces First Quarter Fiscal Year 2022 Financial Results and Quarterly Dividends

March 3, 2022 4:15 PM EST

SAN JOSE, Calif., March 3, 2022 /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 2022, ended January 30, 2022, provided guidance for the second quarter of its fiscal year 2022 and announced its quarterly dividends.

"Broadcom's record first quarter results were driven by strong enterprise demand, and continued investments in next generation technology by hyperscale and service providers," said Hock Tan, President and CEO of Broadcom Inc. "Our second quarter outlook projects year-over-year growth to... More