Broadoom Meets Analysts' Expectations

Electronic News, July 23, 2001

Broadoom Meets Analysts' Expectations
Broadcom Corp. (nasdaq: BRCM)
Quarter Ended  7/01/01   6/30/00  3/30/01
Earnings ($M)  $-(41.1)  $61.1    $24.2
EPS            $-(0.16)  $0.24    $0.09
Revenues ($M)  $210.9    $245.2   $310.5
Broadcom Corp. last week said it met analysts' expectations, posting
a pro forma net loss for the second quarter ended June 30 of $41.1
million, or 16 cents diluted loss per share, compared to pro forma net
income of $61.1 million, or 24 cents per diluted share, for the same
quarter in 2000. Broadcom's net revenues for the period were $210.9
million, a decrease of 14 percent from the $245.2 million reported
in the year ago quarter. Broadcom reported net revenues of $310.5
million in the first quarter with pro forma net income of $24.2
million, or 9 cents per diluted share.