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So BRCM announces a $34M loss excluding charges. Naturally, these charges include $16M in restructuring and $1.18B to write off losses related to prior acquisitions. Looking at a $1.6B (!) net loss for the quarter, but that’s okay cuz the charges are largely non-cash… The execs repeated often in the conf call that this did not affect the company’s liquidity position. Too bad the same cannot be said about their net earnings.

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