Broadcom Non-GAAP EPS of $1.24 beats by $0.03, revenue of $13.07B beats by $110M

Broadcom press release (NASDAQ:AVGO): Q3 Non-GAAP EPS of $1.24 beats by $0.03.
Revenue of $13.07B (+47.2% Y/Y) beats by $110M.
Cash from operations of $4,963 million for the third quarter, less capital expenditures of $172 million, resulted in $4,791 million of free cash flow, or 37 percent of revenue
Quarterly common stock dividend of $0.53 per share
Fourth quarter fiscal year 2024 revenue guidance of approximately $14.0 billion including contribution from VMware, an increase of 51 percent from the prior year period
Fourth quarter fiscal year 2024 Adjusted EBITDA guidance of approximately 64 percent of projected revenue
Fourth Quarter Fiscal Year 2024 Business Outlook
Based on current business trends and conditions, the outlook for the fourth quarter of fiscal year 2024, ending November 3, 2024, is expected to be as follows:
Fourth quarter revenue guidance of approximately $14.0 billion vs $14.04B consensus
Fourth quarter Adjusted EBITDA guidance of approximately 64 percent of projected revenue.

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