2012 net revenue reached a record high: 8.01 billion US dollars
2012 operating cash flow hits record high: $ 1.93 billion
Quarterly cash dividend increased by 10% to US $ 0.11 per share
Beijing, January 31, 2013- Broadcom Corporation (Nasdaq: BRCM) , a global leader in innovative solutions for wired and wireless communications semiconductors, released its fourth quarter and full-year revenue results as of December 31, 2012 (Unaudited).
Scott McGregor, president and chief executive officer of Broadcom, said: "In 2012, the revenue and operating cash flow of Broadcom's three major business groups both hit record highs, reflecting the company's continued market share growth and strong economic situation. Based on this performance , Broadcom ’s board of directors today announced a 10% increase in dividends, which is consistent with our commitment to increase shareholder value. "
Net revenue in the fourth quarter of 2012 was US $ 2.08 billion, a decrease of 2.3% compared with US $ 2.13 billion in the third quarter of 2012, and an increase of 14.3% compared with US $ 1.82 billion in the fourth quarter of 2011 . According to GAAP, the net profit for the fourth quarter of 2012 was US $ 251 million, or US $ 0.43 per share (after dilution), and the GAAP net profit for the third quarter of 2012 was US $ 220 million, or per share USD 0.38 (after dilution), GAAP net profit for the fourth quarter of 2011 was USD 254 million, or USD 0.45 per share (after dilution).
Net revenue for the full year ended December 31, 2012 was US $ 8.01 billion, an increase of 8.4% compared to US $ 7.39 billion as of December 31, 2011. According to US GAAP, the annual net profit as of December 31, 2012 was US $ 719 million, or US $ 1.25 per share (after dilution), and the GAAP net profit as of December 31, 2011 was US $ 927 million, Or $ 1.65 per share (after dilution).
About Broadcom
Broadcom, a Fortune 500 company, is an outstanding technology innovator and leader in the global wired and wireless communications semiconductor industry. Its products assist the transmission of voice, video, data and multimedia throughout the home, enterprise and mobile environment. For manufacturers of information and network equipment, digital entertainment and broadband access products, and mobile devices, Broadcom provides the industry's most complete advanced system-on-a-chip and embedded software solutions. These solutions support our core belief: ConnecTIng Everything®. For more information, please log in:
Cargo Lift,Outdoor Cargo Lift,Warehouse Elevator,Warehouse Cargo Lift
XI'AN TYPICAL ELEVATOR CO., LTD , https://www.chinaxiantypical.com