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Broadcom Q4 Financial Results

Broadcom reported its Q4 revenue of USD 14,054 million, slightly lower than the Ibes estimate of USD 14,091 million. The company's Q4 EPS was USD 0.9. Additionally, Broadcom's adjusted EPS for Q4 was USD 1.42, surpassing the Ibes estimate of USD 1.38. The Q4 adjusted EBITDA was USD 9,089 million, higher than the Ibes estimate of USD 8,810 million. Broadcom's net income for Q4 was USD 4,324 million.

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    • 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,
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      AVGO Q4: AI accelerating, margin next level
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    Company: TTMF Limited. Tech supported by Xiangshang Yixin. Email: uservice@ttm.financial