Celsius Delivers Record Third Quarter Revenue of $36.8M, up 80%

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Go back to Celsius Delivers Record Third Quarter Revenue of $36.8M, up 80%

Celsius Holdings, Inc. (CELH) Tops Q3 EPS by 4c, Revenues Beat

November 12, 2020 8:35 AM EST

Celsius Holdings, Inc. (NASDAQ: CELH) reported Q3 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $36.8 million versus the consensus estimate of $33 million.

Revenue of $36.8 million, up 80% from $20.4 million in the year ago quarter.North American revenue increased 60% to $26.9 million, up from $16.8 million in the year ago quarterDriven by continued strong double-digit growth in traditional channels of trade and expansion with world class retail and distribution partners as well as 111% growth in ecommerce sales, off-set by softness in sales... More