Broadcom (AVGO) Revenue — Quarter Ended Oct 29, 2023
Revenue increased compared with both the prior quarter and the same quarter one year earlier. The sequential growth was faster than the year-over-year pace.
Key takeaway
Quarter ended Oct 29, 2023 · FY2023 Q4
Revenue increased compared with both the prior quarter and the same quarter one year earlier. The sequential growth was faster than the year-over-year pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.3B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.8B
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 |
|---|---|---|
| Jan 29, 2023 | $8.9B | +15.7% |
| Apr 30, 2023 | $8.7B | +7.8% |
| Jul 30, 2023 | $8.9B | +4.9% |
| Oct 29, 2023 | $9.3B | +4.1% |
Revenue performance
The reported revenue rose, marking the highest quarterly level in the trailing twelve months. The growth rate moderated on a year-over-year basis but accelerated sequentially.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased at a stronger rate. Against the same quarter one year earlier, the increase was more moderate.
What to watch
The trailing twelve-month revenue reached the highest point in the displayed trend, suggesting sustained demand momentum.