0
General

Broadcom raises interim div by over 70% after strong Q4, FY results

Thursday 7 December 2017 | 09:48 CET | News
For the long term, Broadcom said it will continue to target annual revenue growth of 5 percent and that it will be raising its target for adjusted gross margin from greater than 60 percent to 65 percent and its adjusted operating margin from 45 percent to 47.5 percent. Broadcom will also be raising its long-term target for free cash flow from 35 percent to 40 percent of net revenue. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Broadcom / Brocade
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Broadcom lifts revenues almost 30% in strong Q1

Published 16 Mar 2018 09:23 CET | World
Broadcom will again distribute a dividend of USD 1.75 per share, which last quarter was upped by over 70 percent. The move comes ...

Broadcom narrows guidance for Q1, gives first forecast for Q2

Published 31 Jan 2018 17:32 CET | World
Broadcom said it has narrowed its revenue range for its fiscal first quarter to end 4 February and provided a first guidance for ...

Broadcom to propose new board of directors at Qualcomm AGM

Published 04 Dec 2017 14:27 CET | World
Broadcom has launched a proxy battle in its attempt to take over Qualcomm, proposing its own slate of directors for election at ...

Broadcom comples acquisition of Brocade

Published 20 Nov 2017 09:54 CET | World
Broadcom has also made a bid of USD 130 billion for Qualcomm, which has so far been rejected....

Qualcomm rejects Broadcom takeover offer

Published 13 Nov 2017 16:22 CET | World
Qualcomm has rejected Broadcom's unsolicited takeover offer, sating it "significantly undervalues" the company. Broadcom ...

Broadcom to return company seat to US

Published 03 Nov 2017 12:15 CET | World
Broadcom announced that it intends to bring its parent company back to the US from Singapore. The redomiciliation will occur ...

Broadcom revenues lift 18% to USD 4.5 bln in Q3

Published 25 Aug 2017 09:47 CET | World
Broadcom revenues for its third fiscal quarter to end July lifted 18 percent year-on-year to USD 4.463 billion, well within ...





Calendar   /   Industry Events

29 Oct ITU Plenipotentiary Conference
12 Nov Gilat Satellite Networks Q3 2018
12 Nov Play Q3 2018
12 Nov Otello Q3 2018
12 Nov YY Q3 2018
12 Nov Aviat Networks fiscal Q1
12 Nov DC5G
13 Nov Telkom fiscal H1
13 Nov Vodafone Group fiscal Q2
13 Nov 1&1 Drillisch Q3 2018
13 Nov Asus Q3 2018
13 Nov United Internet Q3 2018
13 Nov Iliad Q3 2018
13 Nov Evolving Systems Q3 2018
13 Nov Extreme Networks financial conference
13 Nov AfricaCom
14 Nov Digi Communications Q3 2018
14 Nov Multimedia Polska Q3 2018
14 Nov TDC Q3 2018
14 Nov Blonder Tongue Q3 2018
14 Nov Cisco fiscal Q1
14 Nov ProSiebenSat.1 Capital markets day
14 Nov HbbTV Symposium
15 Nov Vivendi Q3 2018
15 Nov Bouygues Telecom Q3 2018
15 Nov Nvidia fiscal Q3
16 Nov Cognizant investor day
::: More Calendar Items