Memory FAQs

Industry News
CST News
Member Area
Tester Brochure
Demo Library
Tester FAQs

biology medicine news product technology definition

Monday, October 16, 2017
Memory Industry News
Email ArticlePrinter Format PreviousNext

Broadcom Q2 revenues up 18%

Monday, August 28, 2017

Broadcom had calendar Q2 revenues of $4.46 billion – up 7% on Q1’s $4.19 billion and up 18% from $3.79 billion in calendar Q2 2016.

Gross profit was $2.14 billion up from $1.98 billion in Q1 and the $1.78 billion of calendar Q2 2016.

Opex was $1.5 billion. Operating income was $648 million. Net income, which includes the impact of discontinued operations, was $507 million.

Cash was $5.44 billion compared to $4.45 billion at the end of calendar Q1.

During the quarter, the Company generated $1.66 billion in cash from operations and spent $255 million on capex.

“We continue to execute consistently and delivered strong financial results for our third fiscal quarter, with revenue growth of 6%?and EPS growth of 11% sequentially” says Broadcom CEO Hock Tan (pictured),  “we are expecting revenue growth to further accelerate in the fourth fiscal quarter, led by robust content gains and seasonal strength in our wireless segment.”

Broadcom is expected to have won multiple slots in the iPhone8 which will boost its calendar Q3 numbers.

By: DocMemory
Copyright © 2017 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Samsung Electronics CEO resigned10/16/2017
DRAM manufacturers stock rises10/16/2017
ON Semi released new image sensors10/16/2017
Toshiba start to order equipment for new fab10/16/2017
Semiconductor boom mostly benetit U.S. equipment manufacturers10/13/2017
Irish court approved Apple to build $1 billion data center10/13/2017
Western Digital to tap on microwave-assisted magnetic recording10/13/2017
ADI to work with imec on IoT devices10/13/2017
Qualcomm found breach of antitrust regulations in Taiwan court 10/12/2017
ST to build 2 new 300mm fabs10/12/2017

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2017 CST, Inc. All Rights Reserved