earnings
confidence high
sentiment positive
materiality 0.75
Broadcom Q3 revenue $8.88B (+5% YoY); non-GAAP EPS $10.54; Q4 guidance ~$9.27B
Broadcom Inc.
2023-Q3 EPS reported
$24.73
revenue$26,524,000,000
- Revenue $8,876M (+5% YoY); GAAP diluted EPS $7.74; non-GAAP diluted EPS $10.54.
- Adjusted EBITDA $5,801M (65% of revenue); free cash flow $4.6B, up from $4.3B YoY.
- Q4 FY2023 guidance: revenue approx. $9.27B (+4% YoY), Adjusted EBITDA ~65% of revenue.
- Quarterly dividend declared $4.60/share, payable Sept 29 to holders of record Sept 21.
- Repurchased 2.9M shares for $2,167M during Q3.