<p class="bodytext">Solid sales of Coca-Cola's revamped diet cola offerings helped the soda giant score better-than-expected quarterly results on Tuesday.</p>.<p class="bodytext">Net income for the quarter ending March 30 was $1.4 billion, up 15.7% from the year-ago period. Revenues fell 16.4% to $7.6 billion, following the sale of bottling assets to franchisers.</p>.<p class="bodytext">The beverage giant posted a 5% rise in organic revenues, which excludes the effect of currency movements, acquisitions and divestitures.</p>.<p class="bodytext">Coca-Cola enjoyed double-digit volume growth in its Coca-Cola Zero Sugar diet drink following a revamp and said its Diet Coke cola returned to volume growth in North America, following a retool that included four new flavored versions of the product.</p>.<p class="bodytext">"We're encouraged with our first quarter performance, as we continue our evolution as a consumer-centric, total beverage company," said Coca-Cola Chief Executive Officer James Quincey.</p>.<p class="bodytext">Among overseas markets, Coca-Cola cited strong gains in Mexico, Turkey and South Africa, as well as China and India. Areas with declines included Western Europe, Nigeria and some parts of Latin America.</p>.<p class="bodytext">Company shares rose 0.9% in pre-market trading to $44.35.</p>
<p class="bodytext">Solid sales of Coca-Cola's revamped diet cola offerings helped the soda giant score better-than-expected quarterly results on Tuesday.</p>.<p class="bodytext">Net income for the quarter ending March 30 was $1.4 billion, up 15.7% from the year-ago period. Revenues fell 16.4% to $7.6 billion, following the sale of bottling assets to franchisers.</p>.<p class="bodytext">The beverage giant posted a 5% rise in organic revenues, which excludes the effect of currency movements, acquisitions and divestitures.</p>.<p class="bodytext">Coca-Cola enjoyed double-digit volume growth in its Coca-Cola Zero Sugar diet drink following a revamp and said its Diet Coke cola returned to volume growth in North America, following a retool that included four new flavored versions of the product.</p>.<p class="bodytext">"We're encouraged with our first quarter performance, as we continue our evolution as a consumer-centric, total beverage company," said Coca-Cola Chief Executive Officer James Quincey.</p>.<p class="bodytext">Among overseas markets, Coca-Cola cited strong gains in Mexico, Turkey and South Africa, as well as China and India. Areas with declines included Western Europe, Nigeria and some parts of Latin America.</p>.<p class="bodytext">Company shares rose 0.9% in pre-market trading to $44.35.</p>