Broadcom (AVGO): FY24 Q4 earnings call, Dec 12, 2024

Thu, Dec 12Earnings callSpeaker-labelled transcriptBroadcom

No Kalshi or Polymarket word markets were listed for Broadcom’s Dec 12, 2024 earnings call (FY24 Q4). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

27 matches for “VMware”; 5 quoted, at least 25 words apart.

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…consolidated revenue grew 44% year-over-year to a record $51.6 billion. Now, excluding VMware, our revenue grew over 9% organically. So fiscal 2024 operating profit, excluding…

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…drivers of this transformation this year. First, we closed the acquisition of VMware in the early weeks of fiscal 2024 and have focused VMware on…

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…color. Consolidated net revenue of $14.1 billion was up 51% year-on-year, excluding VMware. Organic growth was 11%, and operating profit of $8.8 billion was up…

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…quarter versus $19 million a quarter ago. Of these, about 70% represented VMware Cloud Foundation or VCF, the full software stack virtualizing the entire data…

Hock Tancompanyprepared

…And in doing all this, we continued to drive down spending in VMware. We brought spending down to $1.2 billion in Q4, down from $1.3…

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