Celsius Holdings Delivers Record Quarterly Revenue of $28.2 Million for the First Quarter, Up 95%

Go back to Celsius Holdings Delivers Record Quarterly Revenue of $28.2 Million for the First Quarter, Up 95%

Celsius Holdings, Inc. (CELH) Tops Q1 EPS by 2c, Revenues Beat

May 12, 2020 8:33 AM EDT

Celsius Holdings, Inc. (NASDAQ: CELH) reported Q1 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $28.2 million versus the consensus estimate of $23.36 million.

2020 First Quarter Financial and Business Highlights:

Revenue of $28.2 million, up 95% from $14.5 million in the year ago quarterDomestic revenue increased 70% to $19.4 million, up from $11.4 million in the year ago quarterInternational revenue increased 186% to $8.8 million, up from $3.1 million in the year ago quarterGross profit of $13.0 million, up 128% from $5.7 million in the year ago quarterGross profit margins total 46.1% (53.5% excluding outbound freight)... More