Paychex, Inc. (NASDAQ: PAYX) reported first quarter 2021 earnings results today.
Total revenue fell 6% year-over-year to $932.2 million.
GAAP net income decreased 20% to $211.6 million while EPS fell 19% to $0.59 per share. Adjusted net incomedropped 11% to $228 million, or $0.63 per share.
For fiscal year 2021, total revenue is anticipated to decline 2-4% while adjusted EPS is expected to decline 6-8%.
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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
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
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