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During 4Q15, $AVGO's Enterprise Storage revenue grew by 9% sequentially and represented 35% of total revenue from continuing operations. Core enterprise storage revenues grew 20% on a YonY basis. $AVGO also saw strong growth from its RAID and SAS products. $AVGO expects enterprise storage segment to maintain its momentum in 1Q16 from strong 4Q15.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.