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Earnings call: Broadcom announces record revenue and VMware integration By Investing.com

Earnings call: Broadcom announces record revenue and VMware integration By Investing.com
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© Reuters.

Broadcom Inc. (NASDAQ:) has announced its financial results for the fourth quarter and the fiscal year 2023, showcasing strong growth and strategic advancements. The company reported a 4% year-on-year increase in Q4 consolidated net revenue, reaching $9.3 billion. For the fiscal year, consolidated revenue hit a record $35.8 billion, marking an 8% rise from the previous year. The acquisition of VMware (NYSE:) is a significant move for Broadcom, with integration expected to…



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