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Broadcom Feb-Apr 2021 Financial Results

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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.

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