Event in Progress:
Discover the latest content that has just been published on Research Tree
Broadcom delivered a strong result in the last quarter with revenues growing 21% year-on-year, surpassing Wall Street expectations. This growth was driven by the company’s strong partnerships and increased R&D investments that enabled accelerated adoption of its new-generation technologies. In the quarter, semiconductor solution revenue and infrastructure software revenue grew. The semiconductor business of Broadcom continued performing well across enterprises, service providers, and hyper-scale
Companies: Broadcom Inc. (AVGO:NAS)Broadcom Inc (AVGO:NYSE)
Baptista Research
Broadcom reported an all-around beat in the quarter with an increase in revenues in semiconductor solutions and infrastructure software. Service and cloud provider growth remained strong in the quarter, driven by infrastructural upgrades and data center build-outs. As both enterprise and cloud data centers refresh, they continue to increase the adoption of the company’s Jericho, Trident, and Tomahawk switching silicon platforms. Recently, the company announced the tomahawk 5 switch series that p
Broadcom delivered a strong financial result in the quarter, with demand continuing to be stronger. Network revenue was a record high, and a substantial deployment is seen by AI networks and engines hyper scalers using its Silicon in this quarter. Adoption of the company’s next-generation merchant routing and switching is seen to be continuing to rise in service, enterprises, and hyper-scale providers at the cost of proprietary solutions. The server storage connectivity revenue as well as the se
Companies: Broadcom Inc. (AVGO:NAS)Broadcom Inc. (0YXG:LON)
Like most players in the semiconductors industry, Broadcom also had a fairly good 2021. The company delivered a solid quarterly result with a top-line growth of 16% where its core software business remained steady, and the wireless grew single digits. Server storage has been a star performer for Broadcom with a 32% growth in the year. This was determined by the continuing recovery of enterprise IT spending, a maximum of which was deployed towards upgrading computer servers. The broadband revenue
Broadcom delivered another solid result with a top-line growth of 16%. The company’s core software business remained steady, and the wireless grew single digits. Server storage has been a star performer with a 32% growth in the year. This was determined by the continuing recovery of enterprise IT spending, a maximum of which was deployed towards upgrading computer servers. The broadband revenue grew because of the increased deployment of next-generation PON and DOCSIS with high attach rates of 6
Broadcom delivered a strong financial result with revenue increased by $7.4 billion, up 15% compared to the last year. Demand for hyper-cloud and service providers remained stable, and strong cellular growth in Q4 was driven by their North American OEM's seasonal launch of next-generation handsets. Meanwhile, the company's core software business remains stable. The company’s integration efforts of its software acquisitions such as Symantec and CA Technologies have been truly remarkable. Broadcom
Broadcom had another solid quarter and surpassed Wall Street expectations on the revenue front as well as the earnings front. Its core semiconductor solutions business continued to benefit from the global shortage with and its revenue grew 19% year-on-year to nearly $5 billion. This is expected to be a key driver in the coming quarters as well. The company’s infrastructure software revenue increasing 10% year-on-year was also a big positive. The demand for Broadcom’s offerings continued to be s
Research Tree provides access to ongoing research coverage, media content and regulatory news on Broadcom Inc.. We currently have 0 research reports from 3 professional analysts.
Journeo has confirmed record results for FY23A, in-line with recent upgraded expectations across the board. FY23A revenue increased significantly by 118% to £46.1m (including 20% organic growth) and Adj PBT increased 270% to £4m, representing a near doubling of the Adj PBT margin. Journeo has positioned itself for a period of sustained growth following the transformational Infotec acquisition, the bolt-on MultiQ acquisition and ongoing R&D in the existing business. Journeo looks compelling on an
Companies: Journeo plc
Cavendish
Craneware is the market leader in value cycle SaaS provision in the US with a 40% market penetration and the ambition to become ubiquitous in US hospitals. The shackles of Covid disruption, digestion of the Sentry acquisition, and the transitioning of its customers to the fully cloud based Trisus platform, have fallen away and opened up new sales opportunities for the group. While the shares have out-performed strongly, multiples look reasonable compared with peers. We calculate a DCF based fair
Companies: Craneware plc
Capital Access Group
In 2023, the company delivered strong 13% organic constant currency revenue growth and Adjusted EBITDA in line with expectations, even after including one-off inventory provisions.
Companies: Big Technologies PLC
Zeus Capital
Companies: CML Microsystems Plc
Shore Capital
Companies: FOG PEB KBT EMR TIME GETB JNEO
The trading update confirms revenues in line with our expectations. Excess inventory flow through and market softness in China have impacted CML’s core business, but Microwave Technologies Inc (MwT) is performing ahead of expectations. The net effect, along with MwT acquisition related costs, is that Reported PBT and EBITDA are to be lower than expectations, but not substantially so. The long-term investment case is founded upon the opportunity in next-generation wireless and, with £18m cash and
Progressive Equity Research
Companies: Nanoco Group PLC
Turner Pope Investments
Companies: PMG DUKE CMCL BOOM
GetBusy’s FY23 results show organic revenue growth of +10% to £21.1m, FY23 adjusted EBITDA +£0.1m ahead of our +£0.3m upgrade at the January trading update, and a promising outlook that leads us to reiterate our FY24E forecasts. At constant currency, ARR grew +10% yoy to £20.5m, recurring revenue grew +12% to £20.3m, and net revenue retention of 100.0% per month reflects upselling and price increases, with gross monthly churn of 0.8% per month vs 0.9% in FY22. Within SmartVault, the July 2023 la
Companies: GetBusy Plc
Nanoco, the world-leading provider of cadmium-free Quantum Dot technology, has reported positive 1H24 results, and stated that FY24 performance is expected to be in-line with market expectations. We reiterate our FY24E forecasts. Operationally, the company has achieved strong progress over the past six months, and the interims statement includes further progress on the company’s next-generation revenue programmes being implemented post period end. We maintain our 60.2p price target.
Broadcast playout automation solutions provider Pebble Beach has reported confident FY23 results to Dec 2023 in line with updated January trading update expectations, and has announced the much-anticipated Project Oceans will launch as PRIMA (Platform for Real-time Integrated Media Applications) in April 2024. This underpins a mid-term 80% recurring revenue ambition and expansion in addressable market. FY23 delivered +11% revenue growth to £12.4m, which benefitted from the unwind of defensive in
Companies: Pebble Beach Systems Group PLC
Companies: FOG TND BVXP ACC HDD
Companies: LPA SOLI NANO QTX
Sondrel has announced it has secured an additional £2m convertible loan note with ROX Equity Partners to fund near-term payroll and working capital needs. The terms are similar to the ones agreed for £0.9m CLN in Feb 2024 with a 15% interest rate, a three-year repayment term, and is expected to convert into ordinary shares at 10 pence each. The proposed fundraise that is open to existing shareholders has now increased from £6.5m to £8.5m (including the proceeds from the CLNs), with a subsequent
Companies: Sondrel (Holdings) Ltd.
Companies: BILN IGP RBN SBTX
Share: