Broadcom (NASDAQ:AVGO) reported Q1 non-GAAP earnings late Thursday of $10.99 per diluted share, up from $10.33 a year earlier.
Analysts polled by Capital IQ expected $10.42.
Revenue for the quarter ended Feb. 4 was $11.96 billion, up from $8.92 billion a year earlier.
Analysts expected $11.72 billion.
For fiscal 2024, the company reiterated its forecast projecting around $50 billion in revenue.
Analysts are looking for revenue of $50.01 billion this year.
Broadcom said it maintained its quarterly dividend at $5.25 per share, payable March 29 to investors of record on March 21.