Celsius Holdings Delivers Quarterly Revenue of $14.5 Million, Up 20%

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Celsius Holdings, Inc. (CELH) Tops Q1 EPS by 22c, Slight Beat on Revenues

May 9, 2019 8:35 AM EDT

Celsius Holdings, Inc. (NASDAQ: CELH) reported Q1 EPS of $0.19, $0.22 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $14.49 million versus the consensus estimate of $14.45 million.

"In the First Quarter, Celsius continued to set new revenue records despite the $1.3 million reduction in revenue from China due to the revenue model transition to a royalty license and repayment of investment agreement. Continuing operations, excluding China revenue, increased 35% during... More