Celsius (NASDAQ:CELH) Exceeds Q4 Expectations, Stock Jumps 23.8%
Celsius reported Q4 CY2024 results exceeding market's revenue expectations, with sales falling by 4.4% year on year to $332.2 million and non-GAAP profit of $0.14 per share, 44.2% above analysts' consensus estimates. Despite the decline in sales, Celsius's proprietary MetaPlus formula-based energy drinks featuring natural ingredients for fitness and weight management have shown strong demand. The company's revenue growth has been remarkable, with a 62.8% annualized growth over the last three years.
- The impressive revenue growth of Celsius highlights its ability to adapt to changing consumer preferences, particularly in the beverage industry where traditional players are facing declining sales.
- As the market continues to shift towards healthier and more sustainable products, will Celsius be able to maintain its competitive edge with its innovative energy drink formula?