Broadcom (AVGO) Tops Q4 EPS by 10c, Offers Guidance

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

December 7, 2023 4:15 PM EST

Revenue of $9,295 million for the fourth quarter, up 4 percent from the prior year periodCash from operations of $4,828 million for the fourth quarter, less capital expenditures of $105 million, resulted in $4,723 million of free cash flow, or 51 percent of revenueQuarterly common stock dividend increased by 14 percent from the prior quarter to $5.25Adjusted EBITDA of $6,048 million for the fourth quarter, or 65 percent of revenueNon-GAAP diluted EPS of $11.06 for the fourth quarter; GAAP diluted EPS of... More