$AVGO Broadcom Q1 FY24
VMWare acquisition completed in November 2023 (impacting infracstructure software segment).
• Revenue +34% Y/Y to $12.0B ($240M beat).
• Non-GAAP EPS $10.99 ($0.57 beat).
FY24 guidance
• Revenue ~$50B ($50.2B expected).
• Adjusted EBITDA margin ~60%.
VMWare acquisition completed in November 2023 (impacting infracstructure software segment).
• Revenue +34% Y/Y to $12.0B ($240M beat).
• Non-GAAP EPS $10.99 ($0.57 beat).
FY24 guidance
• Revenue ~$50B ($50.2B expected).
• Adjusted EBITDA margin ~60%.