Celsius (CELH) reported Q1 adjusted earnings Tuesday of $0.18 per diluted share, down from $0.27 a year earlier.
Analysts polled by FactSet expected $0.20.
Revenue for the quarter ended March 31 was $329.3 million, down from $355.7 million a year earlier.
Analysts surveyed by FactSet expected $342.5 million.
Shares of the company were down more than 7% in recent premarket activity.