$AVGO Broadcom Q2 FY24.
VMWare acquisition completed in November 2023 (impacting infrastructure software segment).
• Revenue +43% Y/Y to $12.5B ($480M beat).
• Non-GAAP EPS $10.96 ($0.12 beat).
FY24 guidance
• Revenue ~$51B ($50.3B expected).
• Adjusted EBITDA margin ~61% (+1pp).
VMWare acquisition completed in November 2023 (impacting infrastructure software segment).
• Revenue +43% Y/Y to $12.5B ($480M beat).
• Non-GAAP EPS $10.96 ($0.12 beat).
FY24 guidance
• Revenue ~$51B ($50.3B expected).
• Adjusted EBITDA margin ~61% (+1pp).