Avago Tech (AVGO) Tops Q2 EPS by 12c; Issues Q3 Outlook
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Avago Technologies Limited Announces Second Quarter Fiscal Year 2015 Financial Results
May 28, 2015 7:01 AM EDTQuarterly GAAP gross margin of 52 percent; Quarterly non-GAAP gross margin from continuing operations of 61 percent Quarterly GAAP diluted EPS of $1.21; Quarterly non-GAAP diluted EPS from continuing operations of $2.13
SAN JOSE, Calif. and SINGAPORE, May 28, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wireless, enterprise storage, wired, and industrial end markets, today reported financial results for the second quarter of its fiscal year 2015, ended May 3, 2015, and provided guidance for the third quarter of its fiscal year 2015.
Basis of Presentation
Avago's... More
Avago Technologies Limited Announces Second Quarter Fiscal Year 2015 Financial Results
May 28, 2015 7:01 AM EDTQuarterly GAAP gross margin of 52 percent; Quarterly non-GAAP gross margin from continuing operations of 61 percent Quarterly GAAP diluted EPS of $1.21; Quarterly non-GAAP diluted EPS from continuing operations of $2.13
SAN JOSE, Calif. and SINGAPORE, May 28, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq: AVGO), a leading semiconductor device supplier to the wireless, enterprise storage, wired, and industrial end markets, today reported financial results for the second quarter of its fiscal year 2015, ended May 3, 2015, and provided guidance for the third quarter of its fiscal year 2015.
Basis of Presentation
Avago's... More
Avago Technologies to Acquire Broadcom for $37 Billion
May 28, 2015 7:00 AM EDTCreates the world's leading diversified communications semiconductor company Transaction consideration of $17 billion in cash and equity valued at approximately $20 billion as of May 27, 2015 $750 million of projected annual cost synergies expected to be achieved within 18 months Immediately accretive to non-GAAP EPS and free cash flow
SINGAPORE and IRVINE, Calif., May 28, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq: AVGO) and Broadcom Corporation (Nasdaq: BRCM) today announced that they have entered into a definitive agreement under which Avago will... More
Avago Technologies to Acquire Broadcom for $37 Billion
May 28, 2015 7:00 AM EDTCreates the world's leading diversified communications semiconductor company Transaction consideration of $17 billion in cash and equity valued at approximately $20 billion as of May 27, 2015 $750 million of projected annual cost synergies expected to be achieved within 18 months Immediately accretive to non-GAAP EPS and free cash flow
SINGAPORE and IRVINE, Calif., May 28, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq: AVGO) and Broadcom Corporation (Nasdaq: BRCM) today announced that they have entered into a definitive agreement under which Avago will... More
