earnings
confidence high
sentiment positive
materiality 0.80
Broadcom Q3 revenue $13.07B up 47%; non-GAAP EPS $1.24; guides Q4 rev ~$14B
Broadcom Inc.
2024-Q3 EPS reported
$0.33
revenue$37,520,000,000
- Revenue $13,072M (+47% YoY); non-GAAP net income $6,120M; GAAP net loss $1,875M from $4.5B one-time tax charge.
- Adjusted EBITDA $8,223M (63% of revenue); free cash flow $4,791M (37% of revenue).
- Semiconductor solutions $7,274M (+5%); Infrastructure software $5,798M (+200% on VMware).
- Q4 guidance: rev ~$14.0B (+51% YoY); Adj. EBITDA ~64% of rev.
- Dividend $0.53/share declared; payable Sept 30 to holders of record Sept 19.