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Last $45.04 USD
Change Today +0.83 / 1.88%
Volume 6.0M
BRCM On Other Exchanges
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As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

broadcom corp-cl a (BRCM) Key Developments

Broadcom Announces New Family of 5G WiFi Wave 2 Solutions for Enterprise Access Points and Cloud-Managed Wireless Networks

Broadcom Corporation announced a new family of 5G WiFi Wave 2 solutions for enterprise wireless access points (APs). The expanded portfolio delivers the quality, reliability and capacity required for all segments of the enterprise and cloud WLAN markets including campus, education, hospitality, healthcare and public venues. Broadcom's expanded portfolio includes the BCM43465 (4x4 11ac MU-MIMO) and BCM43525 (3x3 11ac MU-MIMO) for high-performance access points. With the BCM43465, Broadcom becomes the only vendor able to support 2.2Gbps and four concurrent MU-MIMO (multi-user, multiple input, multiple output) devices, enabling the high density of client support for the enterprise market. MU-MIMO combined with 160MHz enables devices to fully utilize available bandwidth to deliver more than 2x the performance. The new chips are further enhanced by NitroQAM technology, Broadcom's 1024-QAM modulation scheme, which gives up to a 25% throughput boost over 802.11ac's 256-QAM. In addition, by using a powerful Digital Signal Processing (DSP) based architecture, Broadcom is the first silicon vendor able to perform advanced spectrum capture, analysis and classification right on the chip without impacting performance. Broadcom's Advanced Spectrum Capture Engine (AsCE) allows the chip to identify non-Wi-Fi interference and adjust accordingly, delivering improved reliability and quality.

Broadcom Reports Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Broadcom reported earnings results for the first quarter ended March 31, 2015. For the quarter, revenue was $2.06 billion, up 3.7% year-over-year. Excluding cellular baseband revenue, reportable segment revenue was up 11% year-over-year. Non-GAAP EPS was $0.64. GAAP EPS was $0.34, which includes $0.23 of impairment charges. Cash flow from operations used $25 million. In April 2015, the company transitioned to a new enterprise resource planning system. In preparation, the company intentionally took certain measures that impacted cash flow from operations in the quarter ended March 31, 2015, by over $400 million. Adjusted earnings were $390 million, or $0.64 per share, up from $197 million, or $0.33 per share a year earlier. GAAP net income was $209 million, rising from $165 million, or $0.28 per share in the prior-year period. The company provided earnings guidance for the second quarter of 2015. The company currently expects net revenue in the second quarter of 2015 to be $2.1 billion plus or minus $75 million. The company expects non-GAAP gross margin to be roughly 56% plus or minus 75 basis points and GAAP gross margin to be about 1.5 points lower. The company expects R&D and SG&A expenses to be down roughly $15 million plus or minus $10 million.

Broadcom Announces New Trident-II+ Series to Deliver Enhanced 10G Ethernet to Enterprise Data Centers

Broadcom Corporation announced the next-generation of its StrataXGS Trident Ethernet switch portfolio, the Trident-II+ Series. Optimized to meet the bandwidth, scalability and efficiency demands of 10GbE virtualized data centers, the highly integrated devices offer 1.28 terabit per second (Tbps) switching performance, 30% lower power and double the performance for data center virtualization overlays, such as VXLAN. Broadcom's Trident-II+ Series enables networking OEMs to deliver a full portfolio of enterprise-optimized, feature-rich, high-density 10GbE top-of-rack (ToR), blade and aggregation switches to serve this transition. Built on Broadcom's StrataXGS architecture, the 28 nanometer (nm) Trident-II+ Series provides a simple, drop-in power and efficiency improvement for the switch silicon, with a comprehensive set of feature and performance upgrades. Designed for enterprise data centers of all sizes, the Trident-II+ Series delivers the industry's most comprehensive and field-proven feature set for network virtualization. This includes single-pass VXLAN routing that doubles gateway performance in all network topologies, as well as support for pre-standard GENEVE overlays. Power consumption and cooling is also a top priority in modern data centers. The Trident II+ Series reduces power dissipation of existing Trident-II designs throughout the network - by up to 30% for each typical ToR switch chipset. For an enterprise data center hosting 300 ToR switches, this can lead to annual power savings of well over 100 megawatt hours (MWh), resulting in greater IT energy efficiency and lower operating expenses.

Broadcom Corp. to Report Q1, 2015 Results on Apr 21, 2015

Broadcom Corp. announced that they will report Q1, 2015 results at 1:45 PM, Pacific Standard Time on Apr 21, 2015

Broadcom Corp., Q1 2015 Earnings Call, Apr 21, 2015

Broadcom Corp., Q1 2015 Earnings Call, Apr 21, 2015

 

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