BUZZ-Celsius Holdings soars on upbeat quarterly results
Reuters
Aug 07
BUZZ-Celsius Holdings soars on upbeat quarterly results
** Shares of energy drink maker Celsius Holdings CELH.O jumps ~20% to $51.45 premarket
** Co beats estimates for Q2 results on demand for energy drinks and gains from its Alani Nuacquisition
** Posts quarterly revenue of $$739.3 million above estimates of $651.5 million, and adjusted EPS of 47 cents above estimates of 23 cents - data compiled by LSEG
** Up to last close, stock has risen 62.3% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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