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Form 8-K · Current Report · Filed 2024-07-08

Broadcom Inc. Files Pro Forma Financials Following VMware Acquisition

On July 8, 2024, Broadcom Inc. filed a Current Report on Form 8-K to provide unaudited pro forma condensed combined financial information for the two fiscal quarters ended May 5, 2024, and the year ended October 29, 2023, incorporating the VMware Merger completed on November 22, 2023. The pro forma financials reflect the impact of the merger as if it occurred on October 31, 2022, and include adjustments for amortization of acquired intangible assets, depreciation, and stock-based compensation expense. The financial statements and notes are filed as Exhibit 99.1.

Filer
Broadcom Inc. AVGO · NASDAQ
Filed
Accession
0001140361-24-032566
CIK
0001730168
Signal
High impactTechnology

Items reported

Item 8.01

Other Events

Major Legal Settlement Corporate Update
Item 9.01

Financial Statements and Exhibits

Pro Forma Financial Information Exhibits Furnished

Market reaction

Close before filing

$170.33

Next session

+1.8%

Since filing

+128.5%

Latest close

$389.28

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from AVGO reporting the same item, with the next session's move:

Exhibits (1)

About Broadcom Inc.

Broadcom Inc. is a diversified global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its primary function is to serve high-growth industries by providing technology that supports complex digital environments. Key sectors impacted by Broadcom’s products include data center, networking, broadband, wireless, and industrial markets. The company's semiconductor solutions are integral to networking systems, represented by products like ASICs and Bluetooth solutions, while its software solutions enhance critical infrastructure for businesses. Headquartered in San Jose, California, Broadcom maintains a significant presence in the tech industry due to its commitment to innovation and acquisition strategy, which has expanded its impact across a variety of computing and connectivity applications. By leveraging its expansive portfolio, Broadcom continues to enhance the capabilities of new technologies and supports advancements in digital communication and data management.

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