Broadcom (AVGO) crushes earnings again, annouces 10:1 split on July 15

Posted: Jun 12, 2024

- Broadcom Inc. reported revenue of $12.5 billion for Q2, up 43% - GAAP net income was $2.1 billion, non-GAAP net income was $5.4 billion - Adjusted EBITDA was $7.4 billion, 59% of revenue - GAAP diluted EPS was $4.42, non-GAAP diluted EPS was $10.96 - Free cash flow was $4.4 billion, 36% of revenue - Quarterly dividend of $5.25 per share - Fiscal 2024 revenue guidance of $51.0 billion, a 42% increase - Fiscal 2024 Adjust EBITDA guidance of 61% of revenue - Forward stock split of ten-for-one expected to commence on July 15, 2024. - Unable to summarize as the article content is not available.





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