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Broadcom Declares 2Q15 Results, Meets Estimates

Highlights of Broadcom Corp’s 2Q15 Results

(Continued from Prior Part)

2Q15 revenues increase YoY

On July 31, 2015, Broadcom (BRCM) announced its 2Q15 results and reported revenues of $2.10 billion compared to $2.06 billion for 1Q15 and $2.04 billion for 2Q14. Net income computed in accordance with U.S. generally accepted accounting principles (GAAP) for 2Q15 was $386 million, or $0.63 per share, compared with GAAP net income of $209 million, or $0.34 per share, for 1Q15 and GAAP net loss of $1 million, or $0.00 per share, for 2Q14.

Non-GAAP net income for 2Q15 was $445 million, or $0.72 per share...


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