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Stockreport

Lightbits Labs Closes Q1-2025 with Record-Breaking Growth [Yahoo! Finance]

Broadcom Inc. (AVGO)  More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
SAN JOSE, Calif., April 15, 2025 BUSINESS WIRE Lightbits Labs (Lightbits®) , the inventor of the NVMe® over TCP protocol offering next-gen software-defined storage for modern workloads, today announced record-breaking growth for Q1'25. This milestone reflects strong global demand for infrastructure modernization that models Cloud Operations enabled by high-performance block storage offering flexibility, reliability, and cost-efficiency at scale. The breakout quarter for Lightbits, marked by a 4.8X increase in software sales and a 2.9X increase in average deal size, is fueled by a surge in new customers and strong customer loyalty, as evidenced by an impressive 2X YoY license increase. New account growth was particularly strong among financial services, service providers, and e-commerce organizations who require high-performance, low-latency at massive scale. A strong standout use case for Lightbits was among AI Cloud service providers. Crusoe expanded its use of Lightbits to powe [Read more]
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Stockreport

Lightbits Labs Closes Q1-2025 with Record-Breaking Growth [Yahoo! Finance]

Broadcom Inc.  (AVGO) 
More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
SAN JOSE, Calif., April 15, 2025 BUSINESS WIRE Lightbits Labs (Lightbits®) , the inventor of the NVMe® over TCP protocol offering next-gen software-defined storage for modern workloads, today announced record-breaking growth for Q1'25. This milestone reflects strong global demand for infrastructure modernization that models Cloud Operations enabled by high-performance block storage offering flexibility, reliability, and cost-efficiency at scale. The breakout quarter for Lightbits, marked by a 4.8X increase in software sales and a 2.9X increase in average deal size, is fueled by a surge in new customers and strong customer loyalty, as evidenced by an impressive 2X YoY license increase. New account growth was particularly strong among financial services, service providers, and e-commerce organizations who require high-performance, low-latency at massive scale. A strong standout use case for Lightbits was among AI Cloud service providers. Crusoe expanded its use of Lightbits to powe [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
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Price Change
Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS