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Broadcom Ltd (AVGO.OQ)

AVGO.OQ on NASDAQ Stock Exchange Global Select Market

217.42USD
22 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Broadcom Limited Q1 GAAP EPS $0.57
Wednesday, 1 Mar 2017 04:02pm EST 

Broadcom Ltd : Broadcom limited announces first quarter fiscal year 2017 financial results and interim dividend . Broadcom ltd - capital expenditures for second fiscal quarter are expected to be approximately $290 million . Q1 gaap earnings per share $0.57 . Q1 earnings per share view $3.48 -- Thomson Reuters I/B/E/S . Sees q2 revenue up 15 percent . Q1 revenue $4.149 billion versus i/b/e/s view $4.08 billion . Sees q2 gaap gross margin 46.0% (+/- 1%) . Sees q2 gaap net revenue $4,090 million (+/- $75m million) . Sees q2 non-gaap net revenue $4,100 million (+/- $75m million) .Q2 revenue view $3.90 billion -- Thomson Reuters I/B/E/S.  Full Article

Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash
Wednesday, 22 Feb 2017 04:05pm EST 

Arris International Plc : Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash . Arris International Plc - deal for of $800 million, . Arris International Plc - Arris expects acquisition to be accretive to its non-GAAP earnings per share in first 12 months . Arris International Plc - transaction is contingent on Broadcom closing its acquisition of Brocade, previously announced on November 2, 2016 .Arris International Plc - deal price in addition to cost of unvested employee stock awards.  Full Article

Broadcom says CEO Hock Tan's 2016 compensation was $24.7 mln vs $4 mln in 2015
Friday, 17 Feb 2017 04:42pm EST 

Broadcom Ltd : Broadcom Ltd - CEO Hock E. Tan's 2016 total compensation was $24.7 million versus $4 million in 2015 .Broadcom Ltd - CEO Hock E. Tan's 2016 total compensation includes stock awards of $21.7 million - sec filing.  Full Article

Broadcom receives request for more merger information from FTC - SEC filing
Tuesday, 7 Feb 2017 06:45am EST 

Broadcom Ltd : Brocade Communications Systems-on feb 3, 2017, co, broadcom got a request for additional information from FTC relating to merger - sec filing .Brocade Communications Systems Inc - company continues to expect that acquisition will be consummated in second half of its fiscal year 2017.  Full Article

Broadcom announces pricing of private offering of senior notes
Wednesday, 11 Jan 2017 07:16pm EST 

Broadcom Ltd : Broadcom announces pricing of private offering of senior notes . Broadcom Ltd says units offering of $2.75 billion of 2.375% senior notes due 2020 .Broadcom says two of its subsidiaries priced senior notes due 2020, 2022, 2024 and 2027.  Full Article

Broadcom announces pricing of private offering of senior notes
Wednesday, 11 Jan 2017 06:30pm EST 

Broadcom Ltd : Broadcom announces pricing of private offering of senior notes . Broadcom Ltd says units offering of $2.75 billion of 2.375% senior notes due 2020 .Broadcom says two of its subsidiaries priced senior notes due 2020, 2022, 2024 and 2027.  Full Article

Broadcom: Maslowski's employment with the company has been terminated
Monday, 17 Oct 2016 06:26am EDT 

Broadcom Ltd : Broadcom Ltd - effective Oct 14 Anthony Maslowski's, former senior vice president and cfo, employment with Broadcom was terminated .Broadcom Ltd - Maslowski has been on a medical leave of absence since March 24, 2016..  Full Article

Tessera Technologies files legal proceedings against Broadcom
Monday, 23 May 2016 04:45pm EDT 

Tessera Technologies Inc : Broadcom is not an existing tessera customer, proceedings announced do not affect q2 guidance of fy revenue guidance . Expects 2016 litigation expense will remain within its current target operating model .Tessera files legal proceedings against broadcom for patent infringement.  Full Article

Avnet signs distribution agreement with Broadcom
Monday, 23 May 2016 07:00am EDT 

Avnet Inc: Announced an expanded, exclusive distribution agreement with Broadcom Limited .Under new agreement, Avnet will serve as exclusive Broadline distributor for Broadcom in Americas and EMEA regions.  Full Article

Cypress Semiconductor Corp to acquire Broadcom Ltd's Wireless Internet of Things Business
Thursday, 28 Apr 2016 08:00am EDT 

Cypress Semiconductor Corp:Signing of a definitive agreement under which Cypress will acquire Broadcom's Wireless Internet of Things (IoT) business and related assets in an all-cash transaction valued at $550 million.Transaction, which has been approved by the board of directors of Cypress and Broadcom.Expects the transaction to be accretive within a year of closing and to improve its gross margin, earnings and long-term revenue potential.  Full Article

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