Broadcom Inc. Announces First Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend

Broadcom Inc. Announces First Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend

The Company’s cash and cash equivalents at the end of the fiscal quarter were $9,307 million, compared to $9,348 million at the end of the prior fiscal quarter.

During the first fiscal quarter, the Company generated $6,113 million in cash from operations and spent $100 million on capital expenditures. The Company paid $2,036 million of withholding taxes related to net settled equity awards that vested in the quarter (resulting in the elimination of 8.7 million shares).

On December 31, 2024,…

Article Source
https://finance.yahoo.com/news/broadcom-inc-announces-first-quarter-211500403.html