Summary
Broadcom Inc. (AVGO) filed an 8-K on June 1, 2023, primarily to announce its second fiscal quarter financial results for the period ending April 30, 2023, as detailed in a press release furnished as Exhibit 99.1. While the full financial details are within the press release, this filing indicates the company is providing an update on its operational and financial performance. Investors should refer to the linked press release for specific revenue, profit, and segment performance figures. This 8-K also disclosed a significant capital return to shareholders.
Key Highlights
- 1Broadcom announced its second fiscal quarter financial results for the period ending April 30, 2023, via a press release.
- 2The press release, furnished as Exhibit 99.1, contains the detailed unaudited financial results.
- 3The Board of Directors declared a quarterly cash dividend of $4.60 per share on common stock.
- 4The dividend payment date is scheduled for June 30, 2023.
- 5Record date for the dividend is June 22, 2023.
- 6The information provided in Item 2.02 is furnished and not treated as 'filed' under the Securities Exchange Act of 1934.
Frequently Asked Questions
This 8-K filing itself does not contain the specific financial results. The detailed unaudited financial results for the second fiscal quarter ended April 30, 2023, are provided in the press release attached as Exhibit 99.1. Investors should review this press release for information on revenue, earnings per share, and segment performance.
Broadcom's Board of Directors has declared a quarterly cash dividend of $4.60 per share. This dividend will be paid on June 30, 2023, to shareholders who are on record as of the close of business on June 22, 2023.
No, the information provided in Item 2.02 of this report, including the press release regarding financial results, is furnished and is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.