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Broadcom(AVGO) - 2024 Q3 - Quarterly Results
AVGOBroadcom(AVGO)2024-09-05 20:21

Exhibit 99.1 Broadcom Inc. Announces Third Quarter Fiscal Year 2024 Financial Results and Quarterly Dividend • Revenue of 13,072millionforthethirdquarter,up47percentfromtheprioryearperiodGAAPnetlossof13,072 million for the third quarter, up 47 percent from the prior year period • GAAP net loss of 1,875 million for the third quarter ; Non-GAAP net income of 6,120millionforthethirdquarterAdjustedEBITDAof6,120 million for the third quarter • Adjusted EBITDA of 8,223 million for the third quarter, or 63 percent of revenue • GAAP diluted loss per share of 0.40forthethirdquarter;NonGAAPdilutedEPSof0.40 for the third quarter; Non-GAAP diluted EPS of 1.24 for the third qu ...