Broadcom inc. announces fourth quarter and fiscal year 2023 financial results and quarterly dividend

Revenue of $9,295 million for the fourth quarter, up 4 percent from the prior year period cash from operations of $4,828 million for the fourth quarter, less capital expenditures of $105 million, resulted in $4,723 million of free cash flow, or 51 percent of revenue quarterly common stock dividend increased by 14 percent from the prior quarter to $5.25 adjusted ebitda of $6,048 million for the fourth quarter, or 65 percent of revenue non-gaap diluted eps of $11.06 for the fourth quarter; gaap diluted eps of $8.25 for the fourth quarter fiscal 2024 annual revenue guidance of approximately $50.0 billion including contribution from vmware, an increase of 40 percent from the prior year period fiscal 2024 annual adjusted ebitda guidance of approximately 60 percent of projected revenue (1) palo alto, calif. , dec. 7, 2023 /prnewswire/ -- broadcom inc. (nasdaq: avgo), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its fourth quarter and fiscal year ended october 29, 2023, provided guidance for its fiscal year 2024 and announced its quarterly dividend.
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