. $AVGO Broadcom Shares were up 13% after the bell. Broadcom is 14% of Nancy Pelosi's stock portfolio. They reported strong Q4 FY24 results with an adjusted EPS of $1.42 (est. $1.39) and adjusted revenue of $14.05B (est. $14.08B), a 51% YoY increase. AI revenue soared 220% YoY to $12.2B for FY24, reflecting demand for AI XPUs and networking solutions. Q1 FY25 guidance projects revenue of $14.6B (est. $14.55B), up 22% YoY, and adjusted EBITDA at 66% of revenue. CEO Hock Tan emphasized record FY24 revenue of $51.6B (up 44% YoY) driven by AI growth and VMware integration, with semiconductor and infrastructure software revenues rising 7% and 181% YoY, respectively. The company raised its quarterly dividend by 11% to $0.59/share
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