Broadcom inc. announces second quarter fiscal year 2022 financial results and quarterly dividends

Revenue of $8,103 million for the second quarter, up 23 percent from the prior year period gaap net income of $2,590 million for the second quarter; adjusted ebitda of $5,111 million for the second quarter gaap diluted eps of $5.93 for the second quarter; non-gaap diluted eps of $9.07 for the second quarter $4,158 million of free cash flow from operations for the second quarter, defined as cash from operations of $4,243 million less capital expenditures of $85 million quarterly common stock dividend of $4.10 per share repurchased and eliminated 5.6 million shares for $3,290 million third quarter revenue guidance of approximately $8.4 billion, an expected increase of 24 percent from the prior year period third quarter adjusted ebitda guidance of approximately 63.5 percent of projected revenue(1 ) new share repurchase program authorized up to $10 billion of common stock, incremental to $3 billion remaining under the current authorization to date san jose, calif. , may 26, 2022 /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 second quarter of fiscal year 2022, ended may 1, 2022, provided guidance for the third quarter of its fiscal year 2022 and announced its quarterly dividends.
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