---
schema_version: "secwatch.filing_event.v1"
accession: "0001730168-24-000012"
form_type: "8-K"
ticker: "AVGO"
cik: "0001730168"
company_name: "Broadcom Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:41:50.756393+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Broadcom Q1 revenue up 34% to $11.96B; GAAP EPS $2.84, non-GAAP $10.99; guides FY24 revenue ~$50B

## Summary
- Revenue $11.96B, +34% YoY; semiconductor solutions $7.39B (+4%), infrastructure software $4.57B (+153% on VMware).
- Non-GAAP diluted EPS $10.99 (vs $10.33); GAAP diluted EPS $2.84 (vs $8.80) due to VMware-related amortization.
- Free cash flow $4.69B (39% of revenue); cash from ops $4.82B; capex $122M.
- Quarterly dividend $5.25/share, payable March 29 to holders of record March 21.
- FY2024 revenue guidance ~$50B (up ~40% YoY), Adjusted EBITDA ~$30B; $3B debt paydown YTD.

## SEC filing metadata
- accession: 0001730168-24-000012
- form_type: 8-K
- ticker: AVGO
- cik: 0001730168
- company_name: Broadcom Inc.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730168/000173016824000012/0001730168-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730168/000173016824000012/avgo-20240307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001730168-24-000012
- JSON: https://secwatch.observer/filing/0001730168-24-000012.json
- Plain text: https://secwatch.observer/filing/0001730168-24-000012.txt

## Key facts
- Earnings Releases
  Broadcom Inc. reported first quarter ended February 4, 2024 results: revenue Revenue of $11,961 million, net income Non-GAAP net income of $5,254 million, EPS Non-GAAP diluted EPS of $10.99.
  - Period: first quarter ended February 4, 2024
  - Revenue: Revenue of $11,961 million
  - Net income: Non-GAAP net income of $5,254 million
  - EPS: Non-GAAP diluted EPS of $10.99
  - Result: reported results
  source text: Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces First Quarter Fiscal Year 2024 Financial Results and Quarterly Dividend • Revenue of $11,961 million for the first quarter, up 34 percent from the prior year period • Cash from operations of $4,815 million for the first quarter, less capital expenditures of $122 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730168/000173016824000012/0001730168-24-000012-index.htm

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