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Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results and Quarterly Dividend

Broadcom Inc. has announced its financial results for the fourth quarter and fiscal year 2024. The company reported strong performance with increased revenue and earnings. Additionally, Broadcom declared a quarterly dividend. This announcement highlights the company's successful financial performance and commitment to providing returns to its shareholders.

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    • Buce PramudiaBuce Pramudia
      ·2024-12-14
      $Broadcom(AVGO)$  uch
      看1.92K回复Comment
      点赞1
      编组 21备份 2Share
      Report
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2024-12-13

      AVGO Q4: AI accelerating, margin next level

      As one of the top performers in the entire semiconductor sector this year, $Broadcom(AVGO)$ continued to surge 14% after announcing its Q4 results on Dec. 12 after-hours.Margin improvement was driven by a relatively strong financial performance in Q4, led by increased revenue in AI, as well as VMware integration and cost control.Investor reaction to the company's future outlook was quite optimistic as the company again raised its guidance for the next quarter on the call and expects the market for AI gas pedals to rise again to $15-20 billion.Key Financials and Market ExpectationsTotal revenue was $14.054 billion, up 51% year-over-year, essentially unchanged from market expectations of $14.08 billion.Net income on a GAAP basis was $4.324 billion,
      看4.16K回复Comment
      点赞35
      编组 21备份 2Share
      Report
      AVGO Q4: AI accelerating, margin next level
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2024-12-13

      AVGO Q4: AI accelerating, margin next level

      As one of the top performers in the entire semiconductor sector this year, $Broadcom(AVGO)$ continued to surge 14% after announcing its Q4 results on Dec. 12 after-hours.Margin improvement was driven by a relatively strong financial performance in Q4, led by increased revenue in AI, as well as VMware integration and cost control.Investor reaction to the company's future outlook was quite optimistic as the company again raised its guidance for the next quarter on the call and expects the market for AI gas pedals to rise again to $15-20 billion.Key Financials and Market ExpectationsTotal revenue was $14.054 billion, up 51% year-over-year, essentially unchanged from market expectations of $14.08 billion.Net income on a GAAP basis was $4.324 billion,
      看4.16K回复Comment
      点赞35
      编组 21备份 2Share
      Report
      AVGO Q4: AI accelerating, margin next level
    • Buce PramudiaBuce Pramudia
      ·2024-12-14
      $Broadcom(AVGO)$  uch
      看1.92K回复Comment
      点赞1
      编组 21备份 2Share
      Report
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