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Broadcom Ltd (AVGO.OQ)

AVGO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Broadcom Ltd - ‍launching Max Wifi​
Tuesday, 15 Aug 2017 09:00am EDT 

Aug 15 (Reuters) - Broadcom Ltd :Broadcom Ltd - ‍launching Max Wifi​.  Full Article

Xperi Corp updates on notice issued by U.S. International Trade Commission
Thursday, 10 Aug 2017 06:18am EDT 

Aug 10 (Reuters) - Xperi Corp ::Xperi corp says‍ on August 9, 2017, U.S. International Trade Commission issued a notice - SEC filing​.Xperi-Itc issued notice extending by about 1 month dates to determine whether to review final initial determination for completion of an investigation.Xperi -notice ‍to determine whether to review final ID and target date for completion of investigation filed by Tessera.Xperi corp - ‍new deadline for commission to determine whether to review final initial determination is Sept. 29.‍new target date for completion of investigation is December 1, 2017​.  Full Article

Broadcom backs away from $20 bln bid for Toshiba chip business - CNBC, citing sources
Wednesday, 21 Jun 2017 10:48am EDT 

June 21 (Reuters) - :Broadcom backs away from $20 billion bid for Toshiba chip business - CNBC, citing sources.  Full Article

Broadcom reports Q2 non-GAAP EPS of $3.69 from cont ops
Thursday, 1 Jun 2017 04:02pm EDT 

June 1 (Reuters) - Broadcom Ltd ::Broadcom limited announces second quarter fiscal year 2017 financial results and interim dividend.Q2 revenue $4.190 billion versus I/B/E/S view $4.11 billion.Q2 non-GAAP earnings per share $3.69 from continuing operations.Q2 GAAP earnings per share $1.05.Q2 earnings per share view $3.50 -- Thomson Reuters I/B/E/S.‍quarterly interim dividend of $1.02 per share​.Expect third fiscal quarter revenue growth of approximately six percent sequentially.Sees Q3 ‍ GAAP net revenue $4,445 million +/- $75m​ ‍​.Sees Q3 non-GAAP net revenue $4,450 million +/- $75 million.Sees ‍Q3 gaap gross margin of 48.0% +/- 1%​.Q3 revenue view $4.26 billion -- Thomson Reuters I/B/E/S.‍For third fiscal quarter, capital expenditures are expected to be approximately $240 million and depreciation is expected to be $118 million​.  Full Article

Broadcom reports Q2 EPS $1.05
Thursday, 1 Jun 2017 04:02pm EDT 

June 1 (Reuters) - Broadcom Ltd :Broadcom limited announces second quarter fiscal year 2017 financial results and interim dividend.Q2 non-GAAP earnings per share $3.69 from continuing operations.Q2 GAAP earnings per share $1.05.Q2 earnings per share view $3.50 -- Thomson Reuters I/B/E/S.Q2 revenue $4.201 billion versus I/B/E/S view $4.11 billion.‍Quarterly interim dividend of $1.02 per share​.Expect third fiscal quarter revenue growth of approximately six percent sequentially.Sees Q3 GAAP net revenue $4,445 million +/- $75m​ ‍​.Sees Q3 non-GAAP net revenue $4,450 million +/- $75 million.Sees ‍Q3 GAAP gross margin of 48.0 pct +/- 1 pct​.Q3 revenue view $4.26 billion -- Thomson Reuters I/B/E/S.‍For third fiscal quarter, capital expenditures are expected to be approximately $240 million and depreciation is expected to be $118 million​.  Full Article

Japan Fair Trade Commission granted antitrust clearance of merger of Brocade with Broadcom
Friday, 26 May 2017 04:09pm EDT 

May 26 (Reuters) - Broadcom Ltd :On May 26 Japan Fair Trade Commission granted antitrust clearance of merger with Broadcom Limited - SEC filing.  Full Article

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

BRIEF-Broadcom Ltd - ‍launching Max Wifi​

* Broadcom Ltd - ‍launching Max Wifi​ Source text for Eikon: Further company coverage: