Benzinga | Nov 12, 2020 08:48AM EST

Celsius Holdings: Q3 Earnings Insights



Shares of Celsius Holdings (NASDAQ:CELH) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 100.00% year over year to $0.06, which beat the estimate of $0.02.

Revenue of $36,839,000 higher by 80.37% from the same period last year, which beat the estimate of $33,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 12, 2020

Time: 10:00 AM

ET Webcast URL: https://hd.choruscall.com/InComm/?callme=true&passcode=13668240&h=true&info=company&r=true&B=6

Recent Stock Performance

Company's 52-week high was at $26.76

Company's 52-week low was at $3.22

Price action over last quarter: Up 16.84%

Company Description

Celsius Holdings Inc engages in the development, marketing, sale, and distribution of functional calorie-burning beverages. It offers flavors including cola, orange, wild berry and lemon iced tea and non-carbonated flavors such as Raspberry Acai Green Tea and Peach Mango Green Tea under the Celsius brand name. The company distributes its products through direct-store-delivery distributors, as well as directly to retailers across various retail segments, including supermarkets, convenience stores, drug stores, nutritional stores, mass merchants, health clubs, spas, gyms, military, and e-commerce Websites. Celsius derives from the sale of these beverages.