December 6, 2018 / 9:24 PM / 9 days ago

Broadcom quarterly revenue rises 12.4 pct

Dec 6 (Reuters) - Broadcom Inc reported 12.4 percent rise in quarterly revenue on Thursday, driven by strong demand for its enterprise storage and networking products.

Net income attributable to ordinary shares rose to $1.12 billion, or $2.64 per share, in the fourth quarter ended Nov. 4, from $532 million, or $1.25 per share, a year earlier.

Net revenue rose to $5.44 billion from $4.84 billion. (Reporting by Sonam Rai in Bengaluru; Editing by Anil D’Silva)

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