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Broadcom's first fiscal quarter net revenue is $19.3 billion
Broadcom announces fiscal year 2026 first quarter financial results, with net revenue of $19.311 billion, up 29% year-over-year. Adjusted net profit is $10.185 billion, up 30% year-over-year. The board has authorized a new stock buyback program worth up to $10 billion. The company expects second quarter revenue of approximately $22 billion. (Interface)