AVGO Reports Q3 Earnings
AVGO reports Q3 earnings of $, beating estimates of $20.98, with revenue of $41.5B, exceeding expectations of $36.5B
Guides Q4 $ v $24.91e, Rev $B v $42.6Be, gross margin ~% v %e - Gross margin (non-GAAP) % v 39% y/y v %e - Op margin (non-GAAP) % v 26.8% y/y - Capex $B v $5.0B q/q - FCF $B v $B y/y Quarterly Business Unit Financial Results: - Cloud Memory: Rev $B v $B y/y, opr margin % v % y/y - Core Data Center: Rev $B v $B y/y, opr margin % v % y/y - Mobile & Client: Rev $B v $B y/y, opr margin % v % y/y - Automotive & Embedded: Rev $B v $B y/y, opr margin % v % y/y - Comments: