Broadcom Posts $64 Billion TTM Revenue and $27 Billion Free Cash Flow
Broadcom’s TTM revenue hit $64 billion (up 24% YoY) with 77.9% non-GAAP gross margins and $27 billion free cash flow, supporting its upgrade to a “strong buy.” Favorable forward PEG and superior margin structure justify premium multiples assuming continued 30% EPS and 60% revenue growth.
Related News
INTU
Intuit to Launch AI-Driven Platforms in August, Cuts 17% Workforce to Fund Growth
INTU•
Z
Zillow Mortgage Rates Climb: 30-Year Fixed Hits 6.55%, 5/1 ARM at 6.80%
Z•
LOW
Lowe's Q1 Profit Falls to $1.62 Billion as Revenues Surge 10.3% to $23.07 Billion
LOW•
TSLA
SpaceX $1.25 Trillion IPO Could Lift Musk’s Wealth Above $1 Trillion
TSLA•
GOOGL
Alphabet Executes Record Yen Bond Sale as Google Secures 9.7 GWh AI Storage Contracts
GOOGL•
Sources
SZB