- Celsius Holdings Inc CELH reported third-quarter FY21 sales growth of 157.6% year-on-year, to $94.9 million, beating the analyst consensus of $73.62 million.
- Domestic revenue increased 214% Y/Y, and International rose 5%.
- Gross profit of $37.7 million rose 115% Y/Y, with a margin of 39.7%, contracting 790 basis points.
- Operating expenses rose 159.3% Y/Y to $33.8 million.
- Non-GAAP Adjusted EBITDA of $10.1 million increased 51% Y/Y.
- EPS of $0.03 missed the analyst consensus of $0.06.
- The company held $61.4 million in cash and equivalents as of September 30, 2021.
- Price Action: CELH shares are trading higher by 3.07% at $96.77 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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