Citi Upgrades Monster Beverage (MNST) to Buy
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Monster Beverage Reports 2015 First Quarter Financial Results
May 7, 2015 4:21 PM EDT-- First Quarter A Transitional Period Planning for Long-Term Strategic Alignment with The Coca-Cola Company --
2015 First Quarter Financial Highlights:
Profitability negatively impacted by $206.0 million of termination obligations as a result of distributor terminations Revenue positively impacted by $39.8 million of acceleration of deferred revenue associated with the terminated distributors initial buy-out contributions ÂCORONA, Calif., May 7, 2015 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (Nasdaq: MNST) today reported financial results for the first quarter ended March... More
