The company said its revenue for fiscal 2024 Q3 (ended August 4, 2024) rose to $13,072 million, up 47% from $8,876 million a year earlier. By segment, semiconductor solutions revenue was $7,274 million and infrastructure software revenue was $5,798 million.

1. 01

   The company said its revenue for fiscal 2024 Q3 (ended August 4, 2024) rose to $13,072 million, up 47% from $8,876 million a year earlier. By segment, semiconductor solutions revenue was $7,274 million and infrastructure software revenue was $5,798 million.

2. 02

   Broadcom said it posted a GAAP net loss of $1,875 million for Q3, which included a one-time non-cash tax provision of $4.5 billion tied to an intra-group transfer of IP rights, resulting from supply chain realignment. Non-GAAP net income was $6,120 million.

3. 03

   The company said free cash flow for Q3, calculated as cash from operations of $4,963 million less capital expenditures of $172 million, was $4,791 million, or 37% of revenue. It paid $2,452 million in dividends in the same quarter.

4. 04

   The company gave fourth-quarter fiscal 2024 revenue guidance of about $14.0 billion, including VMware, for the quarter ending November 3, 2024, and Adjusted EBITDA guidance of about 64% of projected revenue for Q4. Its board approved a quarterly cash dividend of $0.53 per share.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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