SodaStream (SODA) Tops Q4 EPS by 17c

SodaStream (Nasdaq: SODA) reported Q4 EPS of $0.35, $0.17 better than the analyst estimate of $0.18. Revenue for the quarter came in at $126.5 million versus the consensus estimate of $127.23 million.

"During the fourth quarter we set a new course for the company that we believe positions SodaStream to take advantage of the rapidly transforming beverage industry," said Daniel Birnbaum, Chief Executive Officer of SodaStream. "We are confident that repositioning the brand around health & wellness and launching a completely new portfolio of water enhanced flavors fits perfectly with the changing nature of consumer demands and will reaccelerate participation in our home carbonation system. As we announced, in conjunction with our growth plan, we have begun to reform our operational and organizational structure to better support our new strategy and drive improved efficiencies. While our actions will impact our near-term performance, we believe they will put us on stronger footing for delivering long-term profitable growth and increased shareholder value."

For earnings history and earnings-related data on SodaStream (SODA) click here.

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