Broadcom's first fiscal quarter adjusted net revenue was $19.31 billion, with plans to implement a buyback program of up to $10 billion.

Gelonghui March 5 | Broadcom’s first fiscal quarter adjusted net revenue is $19.31 billion, compared to analysts’ expectations of $19.26 billion. The company plans to implement a new stock repurchase program with a maximum amount of $10 billion. The company expects approximately $22 billion in revenue for the second fiscal quarter, while analysts’ expectations are $20.53 billion.

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