Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 13.1B | 4.7% |
| Gross Profit | 8.36B | 7.5% |
| Cost of Revenue | 4.72B | 0.1% |
| Operating expense | 4.57B | 5.1% |
| Net Income | -1.88B | 188.4% |
| EBITDA | 6.75B | 15.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 168B | 4.1% |
| Total Liabilities | 102B | 2.8% |
| Total Equity | 65.7B | 6.2% |
| Shares Outstanding | 4.67B | 904.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 4.96B | 8.4% |
| Cash from investing | 3.25B | 559.6% |
| Cash from financing | -8.07B | 36% |
EPS
Financial Highlights for Broadcom in Q3 '24
Broadcom reported a revenue of 13.1B, which is a 4.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 8.36B, marking a 7.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.72B, a 0.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 4.57B, showing a -5.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -1.88B, showing a -188.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 6.75B, showing a 15.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Broadcom faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
