Broadcom Q1 FY2023 revenue $8.9B (+16% YoY); non-GAAP EPS $10.33; declares $4.60 dividend

Broadcom Inc.

2023-Q1 EPS reported $8.80 revenue$8,915,000,000

Revenue $8,915M (+16% YoY); GAAP diluted EPS $8.80; non-GAAP diluted EPS $10.33.
Adjusted EBITDA $5,678M (64% margin); free cash flow $3,933M (+16% YoY).
Q2 FY2023 guidance: revenue ~$8.7B (+8% YoY); Adjusted EBITDA ~64.5% of revenue.
Quarterly dividend declared $4.60/share, payable March 31, 2023 to holders of record March 22, 2023.
Repurchased 2.7M shares for $1,521M during the quarter.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Broadcom Inc. reported first quarter of fiscal year 2023, ended January 29, 2023 results: revenue $8,915 million, net income $3,774 million, EPS $8.80. Guidance reaffirmed.

Period: first quarter of fiscal year 2023, ended January 29, 2023
Revenue: $8,915 million
Net income: $3,774 million
EPS: $8.80
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces First Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend • Revenue of $8,915 million for the first quarter, up 16 percent from the prior year period • Adjusted EBITDA of $5,678 million for the first quarter • Non-GAAP diluted EPS of $10.33 for the first quarter;

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Source: SEC EDGAR

accession 0001730168-23-000004

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