Broadcom (AVGO) Tops Q1 EPS by 15c, Offers Guidance

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Go back to Broadcom (AVGO) Tops Q1 EPS by 15c, Offers Guidance

Broadcom Inc. Announces First Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend

March 2, 2023 4:15 PM EST

Revenue of $8,915 million for the first quarter, up 16 percent from the prior year periodAdjusted EBITDA of $5,678 million for the first quarterNon-GAAP diluted EPS of $10.33 for the first quarter; GAAP diluted EPS of $8.80 for the first quarterQuarterly common stock dividend of $4.60 per shareRepurchased and eliminated 2.7 million shares for $1,521 millionSecond quarter revenue guidance of approximately $8.7 billion, an increase of 8 percent from the prior year periodSecond quarter Adjusted EBITDA guidance of approximately 64.5 percent of projected revenue (1)

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