Broadcom (AVGO) Revenue — Quarter Ended Jan 29, 2023
Revenue remained virtually unchanged from the prior quarter, but increased compared to the same quarter last year. The filing discusses liquidity and capital resources, including the pending VMware merger.
Key takeaway
Quarter ended Jan 29, 2023 · FY2023 Q1
Revenue remained virtually unchanged from the prior quarter, but increased compared to the same quarter last year. The filing discusses liquidity and capital resources, including the pending VMware merger.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
+15.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 1, 2022 | $8.1B | +22.6% |
| Jul 31, 2022 | $8.5B | +24.9% |
| Oct 30, 2022 | $8.9B | +20.6% |
| Jan 29, 2023 | $8.9B | +15.7% |
Revenue performance
Revenue was essentially flat compared to the preceding quarter, reflecting a stable sequential performance.
Quarterly comparison
On a year-over-year basis, revenue grew strongly, continuing an upward trend seen in recent quarters.
What to watch
The company's filing highlights its liquidity position and the pending VMware merger as a key use of cash.