Broadcom (AVGO) Tops Q3 EPS by 17c, Revenues Beat; Guides Q4 Revenue Higher
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Broadcom Inc. Announces Third Quarter Fiscal Year 2022 Financial Results and Quarterly Dividends
September 1, 2022 4:15 PM EDTCash from operations of $4,424 million for the third quarter, less capital expenditures of $116 million resulted in $4,308 million of free cash flow, or 51 percent of revenue Quarterly common stock dividend of $4.10 per share, FY22 annual common stock dividend of $16.40 per shareRevenue of $8,464 million for the third quarter, up 25 percent from the prior year periodGAAP net income of $3,074 million for the third quarter; Adjusted EBITDA of $5,378 million for the third quarterGAAP diluted EPS of $7.15 for the third quarter; Non-GAAP diluted EPS of $9.73 for the third quarterRepurchased and eliminated... More
