Broadcom Q2 2020 Earnings Report
Key Takeaways
Broadcom reported Q2 2020 financial results with revenue of $5,742 million and GAAP diluted EPS of $1.17. The company generated $3,065 million in free cash flow and ended the quarter with over $9 billion in cash. Third quarter revenue guidance is $5.75 billion plus or minus $150 million.
Revenue of $5,742 million was reported for the second quarter.
GAAP net income reached $563 million, with an adjusted EBITDA of $3,209 million.
GAAP diluted EPS stood at $1.17, while non-GAAP diluted EPS was $5.14.
Free cash flow from operations amounted to $3,065 million.
Broadcom
Broadcom
Broadcom Revenue by Segment
Forward Guidance
Third quarter revenue is expected to be $5.75 billion plus or minus $150 million, and adjusted EBITDA is expected to be $3,220 million plus or minus $75 million, or 56% of revenue at the midpoint of guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income