Broadcom’s Cash Flow Surpasses $2 Billion in Fiscal Q2 2018
Whereas Broadcom’s (AVGO) revenue fell in fiscal Q2 2018, its profit margins improved as its mix of wide-margin data center products increased. Its wider profit margins boosted its cash flow. The company’s operating cash flow rose 36% sequentially to a record $2.3 billion, accounting for 46% of its revenue.