{"schema_version":"secwatch.filing_event.v1","accession":"0001730168-23-000093","form_type":"8-K","ticker":"AVGO","cik":"0001730168","company_name":"Broadcom Inc.","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.216141+00:00","generated_at":"2026-06-07T16:17:51.692115+00:00","sec_items":["2.02","2.05","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Broadcom Q4 revenue $9.3B (+4% YoY), guides FY24 to $50B with VMware, boosts dividend 14%","bullets":["Q4 revenue $9,295M (+4% YoY); GAAP diluted EPS $8.25, non-GAAP $11.06.","FY2023 record revenue $35.8B (+8% YoY); free cash flow $17.6B (49% of revenue).","FY2024 guidance: revenue ~$50B including VMware (+40% YoY); adjusted EBITDA ~$30B.","Quarterly dividend increased 14% to $5.25/share; record Dec 20, payable Dec 29.","Expects ~$1.3B restructuring charges through FY2025 related to VMware acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001730168-23-000093","json":"https://secwatch.observer/filing/0001730168-23-000093.json","markdown":"https://secwatch.observer/filing/0001730168-23-000093.md","text":"https://secwatch.observer/filing/0001730168-23-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/0001730168-23-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/avgo-20231207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:17:51.692115+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0d831f496c06ca734f47b3ed03272e8c6cd2455f","claim":"Broadcom Inc. reported fiscal year 2024 results: revenue approximately $50.0 billion. Guidance initiated.","evidence_excerpt":"Fiscal 2024 annual revenue guidance of approximately $50.0 billion including contribution from VMware, an increase of 40 percent from the prior year period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/0001730168-23-000093-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2024"},{"label":"Revenue","value":"approximately $50.0 billion"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"4e1f063f82edc8c0517c180c9cda72d2661b26eb","claim":"Broadcom Inc. reported fourth quarter results: revenue $9,295 million, net income $3,524 million, EPS $8.25.","evidence_excerpt":"Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results and Quarterly Dividend • Revenue of $9,295 million for the fourth quarter, up 4 percent from the prior year period • Cash from operations of $4,828 million for the fourth quarter, less capital expenditures of $105 million,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/0001730168-23-000093-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter"},{"label":"Revenue","value":"$9,295 million"},{"label":"Net income","value":"$3,524 million"},{"label":"EPS","value":"$8.25"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"932ade6cfadb6dbec72f3f0353de294093039ee5","claim":"Broadcom Inc. reported fiscal year ended October 29, 2023 results: revenue record $35.8 billion.","evidence_excerpt":"Broadcom's fiscal year 2023 revenue grew 8% year-over-year to a record $35.8 billion, driven by investments in accelerators and network connectivity for AI by hyperscalers","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/0001730168-23-000093-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended October 29, 2023"},{"label":"Revenue","value":"record $35.8 billion"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"630e0be10cc338aa7593fd70751edea2ea40f51a","claim":"Broadcom Inc. announced a restructuring with charges of approximately $1.3 billion.","evidence_excerpt":"the Company expects to take charges of approximately $1.3 billion through fiscal year 2025 for the implementation of cost reduction activities.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/0001730168-23-000093-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.3 billion"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}