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Time To Shift Some Focus To Avago's Secular Growth In Factory AutomationAsia Insider • Wed, Jul 11, 2012
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Earnings Preview: Avago Technologies Reporting ThursdayRobert Weinstein • Wed, Nov 30, 2011
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Avago IPO Excites and Disturbs Wall StreetSA Editor Abbi Adest • Mon, Aug 3, 2009
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4 Tech Stocks Pulling In Strong Earnings And Keeping Debt At BayZetaKap • Tue, Sep 18, 2012
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The 8 Stocks Going Ex-Dividend On September 18Dividend Screen • Mon, Sep 17, 2012
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Avicena Group: Wall Street Analyst Forum Presentation TranscriptTue, May 22, 2007 • 1 Comment
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GlobeNewswire (May 14, 2013)
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GlobeNewswire (May 13, 2013)
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GlobeNewswire (May 7, 2013)
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at CNBC.com (Apr 17, 2013)
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GlobeNewswire (Apr 11, 2013)
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GlobeNewswire (Apr 1, 2013)
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at CNBC.com (Feb 26, 2013)
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AVGO vs. ETF Alternatives
Company Description
Currently, there's no company description for AVGO.
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, April 17, 12:26 PM Chip stocks have a rough day (SOXX -2.8%) following Cirrus Logic's warning, light guidance from Linear Technology (LLTC -4.6%) to go with a Q1 beat - Linear sees 1%-4% Q/Q revenue growth for calendar Q2, below a 4.7% consensus - and ho-hum Q1 results/Q2 guidance from Intel. Apple suppliers Broadcom (BRCM -4%), Avago (AVGO -5.5%), STMicroelectronics (STM -6.7%), NXP (NXPI -7%), RF Micro (RFMD -2.8%), and OmniVision (OVTI -3.3%) are among the casualties, but they're far from alone. ANAD -6.2%. STM -5.7%. FSL -5%. ADI -4.5%. TXN -4.4%. Comment! [Tech, On the Move]
- Thursday, April 11, 9:43 AM In addition to announcing it's acquiring CyOptics, Avago (AVGO -0.3%) is creating a 20M-share buyback authorization (good for repurchasing 8% of shares) to replace a 15M-share authorization that just expired. CyOptics, which had 2012 sales of $210M and relies on an advanced material known as indium phosphide, lowers Avago's dependence on its wireless chip business (over half of sales), and makes the company a tougher optical component rival to JDS Uniphase (JDSU) and Finisar (FNSR). Avago asserts CyOptics' products strengthen its hand in the 40G/100G space, an area Cisco and Intel are also interested in. Comment! [Tech, M&A]
- Thursday, April 11, 9:00 AM Avago Tech (AVGO) agrees to pay $400M to acquire CyOptics, a provider of indium phosphide optical chip and component technologies for the data communications and telecom markets. Avago says the deal will strengthen its fiber-optics product portfolio for 40G and 100G enterprise and data center applications. (PR) Comment! [Tech, M&A, Breaking News]
- Monday, April 1, 4:28 PM Avago (AVGO) appoints wireless chip division chief Bryan Ingram to the newly-created position of COO. Ingram has overseen a unit that has grown to account for over half of Avago's sales, thanks to power amplifier design wins for the iPhone and other major smartphone programs. Avago recently lost CFO Douglas Bettinger to Lam Research. Comment! [Tech]
- Thursday, March 14, 8:22 AM Avago Technologies (AVGO) declares $0.19/share quarterly dividend, 11.7% increase from prior dividend of $0.17. Forward yield 2.11%. For shareholders of record Mar. 25. Payable Apr. 04. Ex-div date Mar. 21. (PR) Comment! [Dividends]
- Wednesday, March 6, 9:40 AM More on Apple: Berenberg's Adnaan Ahmad has downgraded shares to Sell from Buy, while also cutting his rating on Samsung (SSNLF.PK). With smartphone growth now fueled by emerging markets, "Apple and Samsung margins are peaking and growth is going to be driven by the margin-dilutive mid-to-low-end segment," he argues. Also, Citi has cut its PT to $480, citing weaker iPhone 5 and regular iPad demand. Citi, which cut Apple to Neutral in December, now expects March and June quarter iPhone sales of 34M and 25M, below a consensus of 37M and 32M. AAPL -0.2%. 23 Comments [Tech]
- Wednesday, March 6, 9:13 AM Foxconn has begun production of an iPhone 5S (AAPL) that looks much like the iPhone 5, claims Japanese blog MacOtakara, which has a mixed track record (I, II) with iScoops. MacOtakara also reports NTT DoCoMo (DCM) has slashed Android phone orders for the fall, which is fueling speculation an iPhone deal is on the way. Jefferies' Peter Misek argued last month preparation for March iPhone 5S production could be responsible for new iPhone order cuts. Possible/likely suppliers: CRUS, OVTI, SWKS, TQNT, AVGO, QCOM, BRCM, NTE, MFLX, LPL. (yesterday) 29 Comments [Tech]
- Friday, March 1, 10:40 AM Apple (AAPL -1.8%) and its suppliers slump after iPhone/iPad image sensor provider OmniVision (OVTI -10.9%) issues light guidance to go with its FQ3 beat. CRUS -4.2%. SWKS -1.9%. TQNT -1.7%. AVGO -2%. RFMD -3.2%. BRCM -1.6%. On its FQ3 call, OmniVision would only attribute the guidance to "a seasonal trend of business," while adding smartphone market share trends are "highly, highly volatile right now." Like virtually all other Apple suppliers, OmniVision never mentions Apple by name. 21 Comments [Tech, On the Move, Earnings]
- Tuesday, February 26, 4:35 PM More on Avago: CFO Douglas Bettinger is resigning to "pursue another opportunity." Controller Anthony Maslowski will serve as interim CFO until a successor is found. FQ2 guidance is for a 2%-5% Q/Q revenue drop, below a consensus is for a 1% increase (iPhone order cuts could be a factor). FQ1 gross margin was 50.7%, -40 bps Q/Q and -10 bps Y/Y. Opex +7% Y/Y, higher than revenue growth. Wireless sales +21% Y/Y (lifted by iPhone 5), wired infrastructure -12%, industrial/other -15%. AVGO -0.2% AH. CC at 5PM ET (webcast). (PR) 1 Comment [Tech, Earnings]
- Tuesday, February 26, 4:10 PM Avago Tech (AVGO): FQ1 EPS of $0.65 beats by $0.05. Net Revenue of $576M (+2% Y/Y) misses by $0.09M. Shares +1.1% AH. (PR) 1 Comment [Earnings, Breaking News, Tech, Consumer]
- Tuesday, February 26, 12:10 AM Notable earnings after Tuesday’s close: AVGO, AWK, DGI, DWA, EIX, FSLR, GA, GPOR, GWRE, HRZN, JAZZ, MAKO, MIDD, NUVA, ORA, PCLN, QCOR, RENN, REXX, RRC, SPN, STEC, TIVO, VNO, VRSK, ZAGG Comment! [Earnings]
- Monday, February 25, 5:35 PM Notable earnings after Tuesday’s close: AVGO, AWK, DGI, DWA, EIX, FSLR, GA, GPOR, GWRE, HRZN, JAZZ, MAKO, MIDD, NUVA, ORA, PCLN, QCOR, RENN, REXX, RRC, SPN, STEC, TIVO, VNO, VRSK, ZAGG Comment! [Earnings]
- Thursday, February 21, 5:37 PM Don't sell Avago (AVGO -2.9%) on account of Qualcomm's (QCOM) new RF front end, says RBC's Doug Freedman. Avago's chips rely on FBAR filters, a market where it has an estimated ~70% share - TriQuint (TQNT -5.5%) is also mentioned as a BAW provider. Qualcomm's solution uses SAW filters, making them complementary, he argues. Discussing the solution, a Qualcomm exec touts its potential to handle any 4G band. Analyst Michael Thelander calls this a "huge business opportunity," but cautions some carriers/OEMs might not be keen on a phone supporting every band. Comment! [Tech]
- Thursday, February 21, 1:13 PM More on Raymond James' downgrade of Skyworks (SWKS -12.6%), TriQuint (TQNT -7.3%), and RF Micro (RFMD -14.6%): Analyst Tavis McCourt calls Qualcomm's (QCOM -1.1%) RF front end announcement a "bombshell," given the mobile chip giant's track record. However, he grants Qualcomm's entry into new markets is often met with "modest success" at first. He thinks the solution, which Qualcomm claims offers superior integration and lower design times, is aimed at China. OEM products containing it are due in 2H. ANAD -8.1%. AVGO -2.5%. 1 Comment [Tech, On the Move]
- Thursday, February 21, 10:07 AM RF chipmakers Skyworks (SWKS -8.5%), TriQuint (TQNT -4%), and RF Micro (RFMD -12%) dive following downgrades from Raymond James. Also possibly hurting is Qualcomm's (QCOM -0.7%) introduction of a new RF front-end solution that features 3D packaging, covers 2G/3G/4G air interfaces, and includes a chip containing a CMOS (bulk silicon) power amplifier and antenna switch - many rival solutions use more exotic materials. Avago (AVGO -4.2%) and Anadigics (ANAD -5.4%) are also lower. 1 Comment [Tech]
- Thursday, February 7, 12:13 PM TriQuint (TQNT -10.9%) has almost entirely given back its November-January gains after providing weak Q1 guidance to go with a Q4 beat. Management noted on the earnings call chip sales for 3G/4G phones, mobile base stations, and radar equipment are growing quickly, but added declining 2G sales are a headwind, and that low factory utilization is hurting profitability. Sales to mobile OEMs are expected to see "strong seasonality" in Q1, but management talked up the 2013 impact of 2012 mobile R&D investments. SWKS -1.9%. AVGO -1.9%. ANAD -3.8%. Comment! [Tech, On the Move, Earnings]
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SKS1586: sprasad03: Congratulations for $QCOM Buy- per Ashraf's Article-http://seekingalpha.com/a/rfyp
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Ocean Man
Covered short on $AVGO for a gain of 2.1% in 5 days. $34.11 ---> $33.39. http://seekingalpha.com/s/c9nlb - View all 0 replies
LATEST REPLIES
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SKS1586: sprasad03: Congratulations for $QCOM Buy- per Ashraf's Article-http://seekingalpha.com/a/rfyp
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Todd Campbell
$QCOM is the big winner in the iPhone 5. $SWKS, $BRCM & $AVGO did nicely too. http://bit.ly/Q2uxto - View all 7 replies
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stocktrend
Early report tear down from Ifixit said chips inside From new I phone is AVGO SWKS TQNT Reuters reported today at 9:11 eastern time. - View all 17 replies
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swingtrader427
Will try to get into AVGO call spread today. Price up Friday and volume +289%. Supplier to Iphone 5 and should follow AAPL higher. - View all 1 replies
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Nigam Arora
Making Money From Apple Derivatives (AAPL) (AVGO) (CRUS) (NUAN) (NVDA) (OVTI) (QCOM) (RFMD) Check out details http://bit.ly/vZnCaS - View all 1 replies
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