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General

Broadcom lifts revenues almost 30% in strong Q1

Friday 16 March 2018 | 09:23 CET | News
Broadcom will again distribute a dividend of USD 1.75 per share, which last quarter was upped by over 70 percent. The move comes after a solid fiscal first quarter, with revenues well within guidance, advancing almost 30 percent from the year before to USD 4.139 billion. Growth was helped by the fact that the fiscal quarter has one extra week compared to the year earlier and by contributions from earlier acquired Brocade Communications Systems. 

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Categories: General
Companies: Broadcom / Brocade / Qualcomm
Countries: World
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