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Last $50.50 USD
Change Today -0.11 / -0.22%
Volume 4.3M
BRCM On Other Exchanges
Symbol
Exchange
NASDAQ GS
Mexico
As of 8:10 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

broadcom corp-cl a (BRCM) Snapshot

Open
$50.30
Previous Close
$50.61
Day High
$50.86
Day Low
$50.28
52 Week High
05/27/15 - $57.70
52 Week Low
10/15/14 - $34.40
Market Cap
30.7B
Average Volume 10 Days
5.9M
EPS TTM
$2.32
Shares Outstanding
559.0M
EX-Date
05/27/15
P/E TM
21.8x
Dividend
$0.56
Dividend Yield
1.03%
Current Stock Chart for BROADCOM CORP-CL A (BRCM)

broadcom corp-cl a (BRCM) Related Businessweek News

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broadcom corp-cl a (BRCM) Details

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. The company operates in two segments: Broadband and Connectivity, and Infrastructure and Networking. The Broadband and Connectivity segment offers platform solutions for cable, satellite, Internet protocol, over-the-top, and terrestrial set-top boxes; DSL, cable, and fiber broadband access services; femtocell to enhance cellular coverage and small cell low-powered radio access nodes, as well as location-based services technology and touch controllers; and integrated and discrete Wi-Fi, bluetooth, and near field communication solutions. The Infrastructure and Networking segment offers Ethernet switches and PHYs for service provider networks, data center implementations, and enterprise and small-and-medium businesses; Ethernet copper transceivers; automotive Ethernet products; and backplane and optical front-end physical layer devices. This segment also provides multicore communication processors; knowledge-based processors, microwave modems and RF, VoIP solutions, and digital front-end processors; Ethernet controllers; and a range of custom application-specific integrated circuit solutions. The company markets and sells its products through direct sales force, distributors, and manufacturers’ representatives in the United States; and through regional offices, as well as a network of independent distributors and representatives primarily in Asia, Australia, Europe, South Africa, and South America. Broadcom Corporation was founded in 1991 and is headquartered in Irvine, California.

10,650 Employees
Last Reported Date: 01/29/15
Founded in 1991

broadcom corp-cl a (BRCM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $2.9M
Co-Founder, Chairman and Chief Technical Offi...
Total Annual Compensation: $36.9K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.3M
Executive Vice President and General Manager ...
Total Annual Compensation: $1.2M
Executive Vice President and General Manager ...
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

broadcom corp-cl a (BRCM) Key Developments

Broadcom Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter Ending September 30, 2015

Broadcom Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total net revenue of $2,096 million compared to $2,041 million a year ago. Income from operations was $402 million compared to income from operations of $14 million a year ago. Income before income taxes was $394 million compared to income before income taxes of $1 million a year ago. Net income was $386 million or $0.63 per diluted share compared to net loss of $1 million a year ago. Net cash provided by operating activities was $802 million compared to $225 million a year ago. Net purchases of property and equipment were $17 million compared to $80 million a year ago. Non-GAAP net income was $445 million or $0.72 per diluted share compared to $290 million or $0.49 per diluted share a year ago. For the six months period, the company reported total net revenue of $4,154 million compared to $4,025 million a year ago. Income from operations was $625 million compared to income from operations of $184 million a year ago. Income before income taxes was $612 million compared to income before income taxes of $169 million a year ago. Net income was $595 million or $0.97 per basic and diluted share compared to net income of $164 million or $0.28 per basic and diluted share a year ago. Net cash provided by operating activities was $777 million compared to $831 million a year ago. Net purchases of property and equipment were $173 million compared to $158 million a year ago. Non-GAAP net income was $835 million or $1.36 per diluted share compared to $487 million or $0.82 per diluted share a year ago. The company provided earnings guidance for the third quarter ending September 30, 2015. For the quarter, the company expects total net revenue between $2.135 billion +/- 75 million; gross margin (GAAP) of 53.8% +/- 75 basis points; and gross margin (Non-GAAP) of 55.3% +/- 75 basis points.

Broadcom Corp. Introduces a New, Scalable 10G/25G/40G/50G Ethernet Controller Product Family

Broadcom Corp. introduced a new, scalable 10G/25G/40G/50G Ethernet controller product family. The BCM57300 NetXtreme® C-Series delivers the industry's lowest power and smallest package 25/50G solution for the cloud data center market. With this introduction, Broadcom further extends its end-to-end portfolio and reinforces its commitment to meeting the current and future needs of cloud-scale data centers. With almost half of cloud service providers' servers virtualized and the number of virtual machines per server expected to double to 96 by 20171, it is critical for next-generation Ethernet controllers to accelerate the increased flow processing driven by virtualization. Broadcom's NetXtreme C-Series controllers deliver bidirectional 50G throughput with 30Mpps performance and the increased flow processing that data centers need to support higher virtual machine density. Integrated flow processing with TruFlow can double network throughput and provide up to a 50% increase in application performance compared to a software-only solution. When combined with the StrataXGS® Tomahawk™ Ethernet Switch, the NetXtreme C-Series controllers form 25/50G end-to-end solution for data centers that delivers connectivity in accordance with the Broadcom co-founded 25/50G Consortium and draft IEEE standard. The BCM57300 provides rapid, hardware-based, congestion notification responses that are 5,000x faster than traditional software-based approaches. When combined with StrataXGS switches, data centers are able to avoid network congestion before it happens, enabling deterministic workload performance across the network.

Broadcom Corp. to Report Q2, 2015 Results on Jul 30, 2015

Broadcom Corp. announced that they will report Q2, 2015 results on Jul 30, 2015

 

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Industry Analysis

BRCM

Industry Average

Valuation BRCM Industry Range
Price/Earnings 28.6x
Price/Sales 3.6x
Price/Book 3.2x
Price/Cash Flow 28.0x
TEV/Sales 3.0x
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