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Oct 30, 2022
Broadcom Q4 2022 Earnings Report
Broadcom's Q4 2022 earnings were announced, revealing a 21% increase in revenue compared to the prior year period.
Key Takeaways
Broadcom's Q4 2022 financial results showed strong growth, with revenue reaching $8.93 billion, a 21% increase year-over-year. The company's GAAP diluted EPS was $7.83, and non-GAAP diluted EPS was $10.45. Broadcom's fiscal year 2022 revenue grew 21% year-over-year to a record $33.2 billion.
Revenue for the fourth quarter reached $8.93 billion, a 21% increase from the previous year.
GAAP net income for the fourth quarter was $3.359 billion.
Non-GAAP diluted EPS for the fourth quarter was $10.45.
The quarterly common stock dividend increased by 12% to $4.60 from the prior quarter.
Revenue by Segment
Forward Guidance
Broadcom anticipates first quarter revenue of approximately $8.9 billion and Adjusted EBITDA of approximately 63 percent of projected revenue.
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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