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 ....

11 Apr 2022
Broadcom Inc.: Financial & Price Forecasts, DCF Valuation, ESG & Other Risks (04/22)

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Broadcom Inc.: Financial & Price Forecasts, DCF Valuation, ESG & Other Risks (04/22)
- Published:
11 Apr 2022 -
Author:
Ishan Majumdar -
Pages:
16 -
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 ....