---
schema_version: "secwatch.filing_event.v1"
accession: "0001730168-23-000004"
form_type: "8-K"
ticker: "AVGO"
cik: "0001730168"
company_name: "Broadcom Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:40:43.772615+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001730168-23-000004
- form_type: 8-K
- ticker: AVGO
- cik: 0001730168
- company_name: Broadcom Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730168/000173016823000004/0001730168-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730168/000173016823000004/avgo-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001730168-23-000004
- JSON: https://secwatch.observer/filing/0001730168-23-000004.json
- Plain text: https://secwatch.observer/filing/0001730168-23-000004.txt

## Key facts
- Earnings Releases
  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
  source text: 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;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730168/000173016823000004/0001730168-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.