secwatch.observer — SEC 8-K summary
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Issuer:     Broadcom Inc. (AVGO)
CIK:        0001730168
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001730168-23-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 2.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadcom Q4 revenue $9.3B (+4% YoY), guides FY24 to $50B with VMware, boosts dividend 14%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/0001730168-23-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730168/000173016823000093/avgo-20231207.htm
  HTML page:      https://secwatch.observer/filing/0001730168-23-000093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer