Broadcom (AVGO) Tops Q2 EPS by 20c, Offers Guidance

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Broadcom Inc. Announces Second Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend

June 1, 2023 4:15 PM EDT

Revenue of $8,733 million for the second quarter, up 8 percent from the prior year periodAdjusted EBITDA of $5,686 million for the second quarterNon-GAAP diluted EPS of $10.32 for the second quarter; GAAP diluted EPS of $8.15 for the second quarterQuarterly common stock dividend of $4.60 per shareRepurchased and eliminated 5.6 million shares for $3,420 millionThird quarter revenue guidance of approximately $8.85 billion, an increase of 5 percent from the prior year periodThird quarter Adjusted EBITDA guidance of approximately 65... More