Broadcom Earnings Call, First Quarter 2008
4th June 2008 00:00 AM |
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| Profit rose 22% to $74.3 million, boosted by better-than-expected sales in traditional business segments. |
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| Revenue was $1.03 billion, up from $901.5 million a year ago. GAAP gross margin was 53.4% up about 90 basis points from last quarter. Stock-based compensation was $130 million or 21 cents of earnings. Cash and marketable securities on hand declined and stood at $2.2 billion, driven down primarily by $392 million in share repurchases settled. GPS business grew due to a strong unit demand within the PND market. The company expects revenue in the range of $1.075 billion to $1.125 billion. |
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Broadcom Fourth Quarter Earnings Call
8th April 2008 00:00 AM |
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| EPS were 8 cents per share compared to 32 cents per share for the fourth quarter of 2005. |
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| Net revenue was $923.5 million, better than expected and due to strong demand for some of customers’ consumer products in the holiday season. Board of Directors has approved a new share repurchase plan for up to $1 billion. Non-GAAP gross margin of 51.9% was up 90 basis points from last quarter and within long-term model of 50% to 52%. Non-GAAP operating expenses were up $30 million from Q3 levels due to increase investments in new product areas. |
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Broadcom Fourth Quarter Earnings Call
4th February 2008 00:00 AM |
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| Profit doubled as revenue rose 11% on higher sales to makers of devices including Bluetooth devices and digital televisions. |
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| Broadcom’s revenue was $1.027 billion compared to $923.5 million for the same quarter last year. On a non-GAAP basis, the company reported a profit of $200.8 million, or 34 cents per share. Total cash and marketable securities were flat at $2.4 billion, driven principally by the share repurchase programs. The company increased total company headcount by 233 people to a worldwide total of 6,347 people. Q1 revenue is expected to be between $975 million to $1.005 billion. |
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Broadcom Third Quarter Earnings Call
24th November 2007 00:00 AM |
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| Income fell 75% to $27.8 million, or 5 cents a share, from the prior year driven by a decrease in gross margin and growth in expenses. |
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| The provider of semiconductors for communications reported a 5.2% increase in revenue driven by strength in the Bluetooth®, wireless LAN and digital TV markets and new product cycles. The firm continues to be product cycle-driven, and plans to continue to invest aggressively throughout 2008 to accelerate the second phase of conversion, while at the same time continue R&D investments to enter and gain share in the larger and growing cellular handset market. |
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Broadcom Second Quarter Earnings Call
22nd November 2007 00:00 AM |
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| Revenues were down 5% to $898 million from $941 million in 2006 on variability of ordering patterns by key customers. |
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| The technology innovator reported a 68% slump in income to $34 million or 6 cents a share, from $106 million, or 18 cents a share in 2006 following an increase in R & D costs and declining revenues. The firm is focused on increasing the diversity of its customer base, as well as new products momentum to increase revenues going forward. In addition, the firm is utilizing cash generated from operations to buy back shares and acquire companies to help spur future growth. |
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Broadcom First Quarter Earnings Call
19th October 2007 00:00 AM |
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| Non-GAAP earnings per share were 29 cents, down from 31 cents in Q4, but slightly above analyst consensus at 27 cents per share. |
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| The supplier of semiconductor for the wireless communication market reported revenue of $901.5 million, down 2.4% from the sequential fourth quarter. The growth enterprise networking and switch business was offset by excess inventory in the server and enterprise client areas as well as seasonal weakness in consumer client space. The firm believes that the most important growth drivers in 2007 include Bluetooth, wireless LAN, Ethernet switching, and digital TV. |
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