Beyond Meat (NASDAQ: BYND) reported Q3 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter rose 250% to $92 million versus the consensus estimate of $82.23 million.

“We are very pleased with our third quarter results which reflect continued momentum across our business and mark an important milestone as we achieved our first ever quarter of net income,” said Ethan Brown, Beyond Meat’s President and Chief Executive Officer. “We remain focused on expanding our distribution footprint, both domestically and abroad, building our brand, introducing new innovative products into the marketplace, and bolstering our infrastructure and internal capabilities to fuel our future growth.”

GUIDANCE:

Beyond Meat raises FY2019 revenue to $267-275 million, versus the consensus of $264.44 million. Adjusted EBITDA to approximate $20 million.

For earnings history and earnings-related data on Beyond Meat (BYND) click here.