Broadcom Inc. ( (AVGO) ) has released its Q3 earnings. Here is a breakdown of the information Broadcom Inc. presented to its investors.
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Broadcom Inc., a global technology leader, specializes in designing, developing, and supplying semiconductor and infrastructure software solutions, serving critical markets such as cloud, data center, and enterprise software.
In its third quarter fiscal year 2025 earnings report, Broadcom Inc. announced a significant revenue increase, driven by strong performance in AI accelerators and networking sectors, along with a quarterly dividend declaration.
The company reported a 22% year-over-year revenue growth to $15.952 billion, with a GAAP net income of $4.140 billion and a non-GAAP net income of $8.404 billion. The adjusted EBITDA reached $10.702 billion, representing 67% of revenue, and free cash flow stood at $7.024 billion. Broadcom also highlighted a 63% year-over-year growth in AI revenue, reaching $5.2 billion.
Looking ahead, Broadcom provided a positive outlook for the fourth quarter of fiscal year 2025, with expected revenue of approximately $17.4 billion, marking a 24% increase from the previous year, and maintaining an adjusted EBITDA guidance of 67% of projected revenue.
Broadcom’s management remains optimistic about continued growth, particularly in the AI semiconductor sector, as customer investments persist, setting the stage for sustained financial performance in the upcoming quarters.