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Oct 31, 2021
Broadcom Q4 2021 Earnings Report
Broadcom achieved record results driven by a rebound in enterprise, and continued strength from cloud and service provider demand.
Key Takeaways
Broadcom's Q4 2021 financial results showed a 15% increase in revenue compared to the prior year, reaching $7,407 million. GAAP net income was $1,989 million, with a non-GAAP diluted EPS of $7.81. The company's free cash flow was $3,453 million. They also issued a positive revenue guidance for Q1 2022.
Revenue of $7,407 million, up 15% year-over-year
GAAP net income of $1,989 million
Non-GAAP diluted EPS of $7.81
Free cash flow of $3,453 million
Revenue by Segment
Forward Guidance
Broadcom anticipates revenue of approximately $7.6 billion and adjusted EBITDA of approximately 61.5% of projected revenue for the first quarter of fiscal year 2022.
Positive Outlook
- First quarter revenue guidance of approximately $7.6 billion
- Expected revenue increase of 14% from the prior year period
- First quarter Adjusted EBITDA guidance of approximately 61.5% of projected revenue
- Quarterly common stock dividend increased by 14% to $4.10 per share
- New share repurchase program authorized for repurchase of up to $10 billion of common stock
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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