Avago Tech (AVGO) Tops Q1 EPS by 16c; Issues Q2 Outlook

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Avago Technologies Limited Announces First Quarter Fiscal Year 2015 Financial Results

February 25, 2015 4:10 PM EST

Net revenue up 3 percent sequentially Quarterly GAAP gross margin of 51 percent; Quarterly non-GAAP gross margin from continuing operations of 59 percent Quarterly GAAP diluted EPS of $1.26; Quarterly non-GAAP diluted EPS from continuing operations of $2.09

SAN JOSE, Calif. and SINGAPORE, Feb. 25, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wireless, enterprise storage, wired, and industrial end markets,... More