Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today.
Total revenue increased 14% year-over-year to $6.65 billion.
GAAP net income was $1.3 billion, or $3.05 per share, compared to $385 million, or $0.74 per share, last year. Adjusted EPS amounted to $6.61.
Both the top and bottom line numbers beat market estimates.
For the second quarter of 2021, revenue is expected to increase 13% to approx. $6.5 billion.
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PepsiCo Inc. (NASDAQ: PEP) reported first-quarter 2021 earnings results today. Net revenues increased 6.8% year-over-year to $14.82 billion while organic revenue growth was 2.4%. Net income attributable to PepsiCo was $1.7 billion,
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