Have you ever heard of Broadcom (ticker symbol: AVGO), a U.S. stock?
It is a fabless company that manufactures and sells semiconductor products and software for wireless and telecommunications infrastructure.
In this article, I will introduce the company’s financial results for the period from February to April 2021, which were announced on June 3, 2021.
February to April 2021
EPS of $6.62 vs. forecast of $6.46.
Sales: $6.61 billion vs. forecast of $6.51 billion.
Sales growth rate was +15.1% YoY.
Semiconductor sales were $4.82 billion, up 20% from the same period last year.
Operating cash flow was $3.57 billion. Operating cash flow was $3.57 billion, compared to $3.21 billion in the same period last year.
Free cash flow was $3.44 billion. Free cash flow was $3.44 billion, compared to $3.06 billion in the same period last year.