Broadcom Q1 2017 Financial Results and Supplemental Information

Broadcom reports Q1 FY2017 financial results with shipments of $786M and revenues of $751M, achieving non-GAAP net income of $182M and diluted EPS of $1.16. The company maintained strong cash reserves of $2.49B and generated free cash flow of $160M during the quarter while returning $89M to shareholders through dividends.