Broadcom Inc. Files 10-Q for Period Ending May 5, 2024

Ticker: AVGO · Form: 10-Q · Filed: 2024-06-13T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

Related Tickers: AVGO

TL;DR

Broadcom's Q2 2024 10-Q is in. Check financials for product & services segments.

AI Summary

Broadcom Inc. filed its 10-Q for the period ending May 5, 2024, reporting on its financial performance. The company's fiscal year ends on November 3rd. Key financial data and segment information for product and subscriptions & services are detailed within this filing.

Why It Matters

This filing provides investors and analysts with crucial financial details about Broadcom's performance, enabling informed investment decisions.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is for the period ending May 5, 2024.

When does Broadcom Inc.'s fiscal year end?

Broadcom Inc.'s fiscal year ends on November 3rd.

What are the main segments reported in the filing?

The filing details information for 'Product' and 'Subscriptions & Services' segments.

What is the SEC file number for this filing?

The SEC file number for this filing is 001-38449.

What is the company's business address?

The company's business address is 3421 Hillview Avenue, Palo Alto, CA 94304.

From the Filing

0001730168-24-000080.txt : 20240613 0001730168-24-000080.hdr.sgml : 20240613 20240612201425 ACCESSION NUMBER: 0001730168-24-000080 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 88 CONFORMED PERIOD OF REPORT: 20240505 FILED AS OF DATE: 20240613 DATE AS OF CHANGE: 20240612 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: 1103 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38449 FILM NUMBER: 241039798 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 10-Q 1 avgo-20240505.htm 10-Q avgo-20240505 0001730168 November 3 2024 Q2 FALSE xbrli:shares iso4217:USD iso4217:USD xbrli:shares avgo:segment xbrli:pure utr:Rate 0001730168 2023-10-30 2024-05-05 0001730168 2024-05-31 0001730168 2024-05-05 0001730168 2023-10-29 0001730168 us-gaap:ProductMember 2024-02-05 2024-05-05 0001730168 us-gaap:ProductMember 2023-01-30 2023-04-30 0001730168 us-gaap:ProductMember 2023-10-30 2024-05-05 0001730168 us-gaap:ProductMember 2022-10-31 2023-04-30 0001730168 avgo:SubscriptionsandServicesMember 2024-02-05 2024-05-05 0001730168 avgo:SubscriptionsandServicesMember 2023-01-30 2023-04-30 0001730168 avgo:SubscriptionsandServicesMember 2023-10-30 2024-05-05 0001730168 avgo:SubscriptionsandServicesMember 2022-10-31 2023-04-30 0001730168 2024-02-05 2024-05-05 0001730168 2023-01-30 2023-04-30 0001730168 2022-10-31 2023-04-30 0001730168 2022-10-30 0001730168 2023-04-30 0001730168 us-gaap:CommonStockMember 2023-10-29 0001730168 us-gaap:AdditionalPaidInCapitalMember 2023-10-29 0001730168 us-gaap:RetainedEarningsMember 2023-10-29 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-10-29 0001730168 us-gaap:RetainedEarningsMember 2023-10-30 2024-02-04 0001730168 2023-10-30 2024-02-04 0001730168 us-gaap:CommonStockMember 2023-10-30 2024-02-04 0001730168 us-gaap:AdditionalPaidInCapitalMember 2023-10-30 2024-02-04 0001730168 us-gaap:CommonStockMember 2024-02-04 0001730168 us-gaap:AdditionalPaidInCapitalMember 2024-02-04 0001730168 us-gaap:RetainedEarningsMember 2024-02-04 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-04 0001730168 2024-02-04 0001730168 us-gaap:RetainedEarningsMember 2024-02-05 2024-05-05 0001730168 us-gaap:AdditionalPaidInCapitalMember 2024-02-05 2024-05-05 0001730168 us-gaap:CommonStockMember 2024-02-05 2024-05-05 0001730168 us-gaap:CommonStockMember 2024-05-05 0001730168 us-gaap:AdditionalPaidInCapitalMember 2024-05-05 0001730168 us-gaap:RetainedEarningsMember 2024-05-05 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-05 0001730168 us-gaap:CommonStockMember 2022-10-30 0001730168 us-gaap:AdditionalPaidInCapitalMember 2022-10-30 0001730168 us-gaap:RetainedEarningsMember 2022-10-30 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-10-30 0001730168 us-gaap:RetainedEarningsMember 2022-10-31 2023-01-29 0001730168 2022-10-31 2023-01-29 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-10-31 2023-01-29 0001730168 us-gaap:AdditionalPaidInCapitalMember 2022-10-31 2023-01-29 0001730168 us-gaap:CommonStockMember 2022-10-31 2023-01-29 0001730168 us-gaap:CommonStockMember 2023-01-29 0001730168 us-gaap:AdditionalPaidInCapitalMember 2023-01-29 0001730168 us-gaap:RetainedEarningsMember 2023-01-29 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-29 0001730168 2023-01-29 0001730168 us-gaap:RetainedEarningsMember 2023-01-30 2023-04-30 0001730168 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-30 2023-04-30 0001730168 us-gaap:AdditionalPaidInCapitalMember 2023-01-30 2023-04-30 0001730168 us-gaap:CommonStockMember

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