Broadcom Inc. Files 8-K: Financials and Operations Update

TL;DR

Broadcom dropped an 8-K on March 7th with financial results and other key updates.

AI Summary

On March 7, 2024, Broadcom Inc. filed an 8-K report detailing its financial results and other significant events. The filing includes information on the company's operations and financial condition, as well as other events and financial statements and exhibits. Broadcom Inc. is incorporated in Delaware and its principal executive offices are located at 3421 Hillview Avenue, Palo Alto, California.

Why It Matters

This 8-K filing provides investors with crucial updates on Broadcom's financial performance and operational status, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing for financial reporting and does not indicate any unusual or high-risk events.

Key Players & Entities

• Broadcom Inc. (company) — Registrant
• March 7, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of incorporation
• 3421 Hillview Avenue, Palo Alto, California 94304 (address) — Principal executive offices
• 001-38449 (commission_file_number) — SEC File Number
• 35-2617337 (irs_number) — I.R.S. Employer Identification No.

FAQ

From the Filing

0001730168-24-000012.txt : 20240307 0001730168-24-000012.hdr.sgml : 20240307 20240307161809 ACCESSION NUMBER: 0001730168-24-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240307 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240307 DATE AS OF CHANGE: 20240307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Broadcom Inc. CENTRAL INDEX KEY: 0001730168 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 352617337 FISCAL YEAR END: 1029 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38449 FILM NUMBER: 24730369 BUSINESS ADDRESS: STREET 1: 3421 HILLVIEW AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 650-427-6000 MAIL ADDRESS: STREET 1: 3421 HILLVIEW AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 FORMER COMPANY: FORMER CONFORMED NAME: Broadcom Ltd DATE OF NAME CHANGE: 20180201 8-K 1 avgo-20240307.htm 8-K avgo-20240307 0001730168 FALSE 0001730168 2023-03-07 2023-03-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 7, 2024   Broadcom Inc. (Exact Name of Registrant as Specified in Charter)     Delaware 001-38449 35-2617337 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 3421 Hillview Avenue Palo Alto, California 94304 (Address of principal executive offices including zip code) (650) 427-6000 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, $0.001 par value AVGO The NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 2.02    Results of Operations and Financial Condition. On March 7, 2024, Broadcom Inc. (the “Company”) issued a press release announcing its unaudited financial results for the first quarter ended February 4, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.  The information in Item 2.02 of this Report and the press release attached hereto as Exhibit 99.1 are furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended. Item 8.01      Other Events. On March 7, 2024 , the Company announced that the Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $5.25 per share. This dividend is payable on March 29, 2024 to common stockholders of record at the close o