PR Newswire

The newsfeed available here is provided by our content partner PR Newswire. This is one of the most important and widest-reaching press services, providing news, press releases and multimedia content to the media, journalists and the public.
The NewsWire Hub ("X-Billboard") currently comprises four of the most important international news sources and is supplemented by a stock market information service. The individual newswire services complement each other and provide a complementary range of information, more than three quarters of the official news sources on which editors worldwide base their stock market reporting. Your advantage: You will find everything here in one overview. You can navigate to the individual sections using the control elements. In the terminal view, you can carry out individual searches at company level.
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System-State: Number of processed items 23.840 Notifications successully processed since Inception
PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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US11135F1012
State: 17.08.2024 | 11PM
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FIGI: BBG00KHY5S69
AVGO
Broadcom Inc.
GICS: - · Sector: Technology · Sub-Sector: Semiconductors
NAME
Broadcom Inc.
ISIN
US11135F1012
TICKER
AVGO
MIC
XNAS
REUTERS
AVGO.OQ
BLOOMBERG
AVGO US
Thu, 05.09.2024       Broadcom
US11135F1012

Revenue of $13,072 million for the third quarter, up 47 percent from the prior year periodGAAP net loss of $1,875 million for the third quarter (1); Non-GAAP net income of $6,120 million for the third quarterAdjusted EBITDA of $8,223 million for the third quarter, or 63 percent of revenueGAAP diluted loss per share of $0.40 for the third quarter; Non-GAAP diluted EPS of $1.24 for the third quarterCash from operations of $4,963 million for the third quarter, less capital expenditures of $172 million, resulted in $4,791 million of free cash flow, or 37 percent of revenueQuarterly common stock dividend of $0.53 per shareFourth quarter fiscal year 2024 revenue guidance of approximately $14.0 billion including contribution from VMware, an increase of 51 percent from the prior year periodFourth quarter fiscal year 2024 Adjusted EBITDA guidance of approximately 64 percent of projected revenue (2)
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Mon, 26.08.2024       Broadcom
US11135F1012

New co-engineered solutions accelerate innovation, enhance operational flexibility, and promote sustainability across multiple environments

LAS VEGAS, Aug. 26, 2024 /PRNewswire/ -- VMware Explore 2024 Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501) and Broadcom Inc. (NASDAQ: AVGO), today announced a powerful new private and hybrid cloud solution. The co-engineered solution brings together Hitachi Vantara's integrated systems solution of Unified Compute Platform (UCP) RS with VMware Cloud Foundation to assist organizations in navigating the complexities brought on by substantial data proliferation and the escalating requirements of AI. Combining industry-leading automation and software-defined services with enterprise-proven infrastructure enables organizations to modernize their infrastructure for improved performance and scalability, while also reducing total cost of ownership, energy consumption and carbon footprint, contributing to a greener planet while boosting data infrastructure efficiency.

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The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.

RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.

Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.

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