Celsius Holdings Third Quarter 2024 Earnings: US$0.002 loss per share (vs US$0.30 profit in 3Q 2023)

Celsius Holdings (NASDAQ:CELH) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$265.7m (down 31% from 3Q 2023).
• Net loss: US$557.0k (down by 101% from US$70.5m profit in 3Q 2023).
• US$0.002 loss per share (down from US$0.30 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Celsius Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Beverage industry in the US.

Performance of the American Beverage industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Celsius Holdings' balance sheet.

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