“We finished fiscal 2015 on a very strong note, delivering record levels of revenue and profitability in our recently completed fourth quarter. The LSI acquisition and the synergies we have been able to realize through its integration, as well as strong year on year growth in wireless revenues were significant contributors to our 2015 results” said Hock Tan, President and CEO of Avago Technologies Limited. “We are excited by the anticipated opportunities to further increase our earnings potential in fiscal 2016 following completion of our pending Broadcom acquisition.”
Other Quarterly Data
| Percentage of Net Revenue* | Growth Rates | |||||||||||||||||||
| Net Revenue by Segment | Q4 15 | Q3 15 | Q4 14 | Q/Q | Y/Y | |||||||||||||||
| Wireless Communications | 37 | 35 | 39 | 10 | % | 8 | % | |||||||||||||
| Enterprise Storage | 35 | 34 | 29 | 9 | % | 38 | % | |||||||||||||
| Wired Infrastructure | 20 | 21 | 22 | 2 | % | 7 | % | |||||||||||||
| Industrial & Other | 8 | 10 | 10 | -10 | % | -7 | % | |||||||||||||
| * Represents percentages of non-GAAP net revenue. | ||||||||||||||||||||
| Key Statistics (Dollars in millions) | Q4 15 | Q3 15 | Q4 14 | |||||||||||||||||
| Cash From Operations | $ | 582 | $ | 592 | $ | 381 | ||||||||||||||
| Depreciation | $ | 58 | $ | 59 | $ | 51 | ||||||||||||||
| Amortization | $ | 192 | $ | 197 | $ | 199 | ||||||||||||||
| Capital Expenditures | $ | 106 | $ | 148 | $ | 189 | ||||||||||||||
| Non-GAAP Days Sales Outstanding | 50 | 42 | 42 | |||||||||||||||||
| Non-GAAP Inventory Days On Hand | 68 | 67 | 70 | |||||||||||||||||
