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Could Broadcom Continue to Improve Its Profit Margins?

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.