Broadcom Stock: The Beauty Within – And VMware Will Add To It (NASDAQ:AVGO)



If the reaction to Broadcom’s (NASDAQ:AVGO) Q3 earnings report is any indication, many investors (and professional money managers) still don’t understand the company’s long-term strategy and its primary investment thesis. As a result, they appear to have been expecting a significant “AI boost” to Q3

Q3FY23 Q3FY22 Growth yoy
Revenue $8.876 billion $8.464 billion 4.9%
Free Cash Flow $4.60 $4.31 billion 6.7%
Free Cash Flow Margin 51.8% 51.0% 0.8 percentage pts
Free Cash Flow/Share $10.77 $9.89 8.9%

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