Beyond Meat (BYND) Tops Q1 EPS by 9c, Revs Beat; Suspends Guidance
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Beyond Meat® Reports First Quarter 2020 Financial Results
May 5, 2020 4:06 PM EDTFirst Quarter 2020 Net Revenues Increased 141% Year-Over-Year to $97.1 Million
Gross Profit Improved to $37.7 Million or 38.8% Gross Margin
Net income of $1.8 Million or $0.03 per Common Diluted Share
EL SEGUNDO, Calif., May 05, 2020 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (Beyond Meat or the Company), a leader in plant-based meat, today reported financial results for its first quarter ended March 28, 2020.
First Quarter 2020 Financial Highlights Compared to Prior Year Period
Net revenues were $97.1 million, an increase of 141%, compared to net... More