Could Broadcom Continue to Improve Its Profit Margins?
What Can Investors Expect from Broadcom in Fiscal Q2? The company’s leadership position enables it to command a higher price for its specialized goods, and cost synergies from its Brocade acquisition are expanding its profit margins further. Broadcom’s non-GAAP gross margin expanded 240 basis points YoY (year-over-year) to 64.8% in the first fiscal quarter as its revenue rose by double digits thanks to its Brocade acquisition.