Celsius Holdings (CELH 19.98%) reported another great quarter in the fourth quarter of 2023, growing revenue by 95%. What's incredible is that the company may only be scratching the surface of its potential.In this video, Travis Hoium covers its results and why this is a company with a lot of growth ahead.*Stock prices used were end-of-day prices of Feb. 28, 2024. The video was published on Feb. 29, 2024. ...

Celsius Holdings, Inc. (NASDAQ:CELH) Q4 2023 Earnings Conference Call February 29, 2024 10:00 AM ET Company Participants Paul Wiseman - Investor Relations John Fieldly - Chairman and Chief Executive Officer Jarrod Langhans - Chief Financial Officer Conference Call Participants Mark Astrachan - Stifel Peter Grom - UBS Michael Lavery - Piper Sandler Gerald Pascarelli - Wedbush Securities Sean McGowan - ROTH Capital Partners Eric Serotta - Morgan Stanley Jim Salera - Stephens Operator Greetings and welcome to ...

Shares of Celsius (NASDAQ:CELH) stock are firmly in the green after the energy drink company reported its fourth-quarter earnings. This follows a series of volatile moves after the market closed yesterday due to an accidental early release of its earnings. It’s not exactly clear who was responsible for the mishap. During the quarter, revenue tallied in at $347.4 million, up by 95% year-over-year and beating the analyst estimate of $329 million. The revenue growth was largely driven by the firm’s North Ameri ...

Sizing up Celsius Holdings' (CELH 15.10%) performance in the fourth quarter seems to check off all the boxes on the checklist for a blowout financial update. The functional sparkling beverage specialist exceeded top-line expectations and has now posted three consecutive years of triple-digit growth.Celsius also exceeded earnings estimates. It was rosy in its presentation and pumped about its future. With short interest at a record high earlier this month, it could've been the perfect recipe for a short sque ...

For the quarter ended December 2023, Celsius Holdings Inc. (CELH) reported revenue of $347.44 million, up 95.2% over the same period last year. EPS came in at $0.17, compared to $0.01 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $326.55 million, representing a surprise of +6.40%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.16.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

In this video, I will go over Celsius Holdings' (CELH 12.38%) latest earnings report, which showed tremendous growth. While the stock is up 39,000% in the past 10 years, I will explain why this might be ONLY the start of a new chapter for the company.*Stock prices used were from the trading day of Feb. 28, 2024. The video was published on Feb. 29, 2024. ...

Celsius Holdings Inc. (CELH) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.30, delivering a surprise of 87.50%.Over the last four quarters, the com ...

Revenue and Income - In 2023, sales to Pepsi constituted 59.4% of total net revenue, and receivables from Pepsi represented 69.0% of total receivables as of December 31, 2023[7]. - Net income attributable to common stockholders for the year ended December 31, 2023 was $182.0 million, representing basic earnings per share of $0.79, compared to a net loss of $(198.8) million for the year ended December 31, 2022[33]. - Total net other income for the year ended December 31, 2023 was $25.4 million, reflecting an increase of $20.3 million versus $5.1 million for the year ended December 31, 2022[32]. Cash and Financial Position - Cash available from operations and existing cash balances, including $542.0 million of net proceeds from the issuance of Series A Preferred Stock to Pepsi in 2022, are sufficient for working capital needs for the next twelve months[38]. - As of December 31, 2023, the company's cash and cash equivalents amounted to $756.0 million, which are subject to interest rate fluctuations[172]. Competition and Market Risks - The company is subject to significant competition in the functional beverage product industry, competing with major brands like Monster Beverage Corporation and The Coca-Cola Company[25]. - The company is exposed to intense competition in the functional beverage industry, which could adversely affect revenues and market share[62]. - Changes in consumer product preferences may reduce demand for some of the company's products[27]. - The company must continuously innovate its product line to meet consumer preferences and maintain market share, as product lifecycles may be limited[58]. Operational Risks - The company does not use hedging agreements to manage risks associated with securing sufficient ingredients or raw materials, which may lead to increased costs[6]. - The company relies on third-party co-packers for manufacturing, which may pose risks related to production delays or food safety compliance[5]. - The ongoing Russia-Ukraine conflict and the escalation of the Israel-Hamas conflict may adversely impact business operations and financial performance[24]. Internal Controls and Compliance - The company is in the process of remediating material weaknesses in internal controls, which, if not successful, could materially affect financial results[37]. - The company has identified material weaknesses in internal control over financial reporting for the years 2021, 2022, and 2023, which could lead to material misstatements in financial statements[67]. - The company faces risks related to changes in accounting standards that could adversely affect reported earnings, as well as potential increases in income and indirect taxes impacting after-tax income[46]. - The company engages in market analysis and collaborates with regulatory consultants to ensure compliance and mitigate risks in new markets[70]. Foreign Currency Risks - For the years ended December 31, 2023, 2022, and 2021, net foreign currency translation resulted in a gain of $1.2 million, a loss of $2.5 million, and a gain of $0.8 million respectively, indicating volatility in foreign currency exchange rates[45]. - The company operates internationally, exposing it to foreign currency exchange risk, with net assets translated into U.S. dollars using current exchange rates[173]. - Translation gains and losses from foreign currency adjustments are recorded in other comprehensive income (loss), net of income tax[173]. Dividends and Stock - The Series A Preferred Stock, issued to Pepsi, ranks senior to common stock in terms of liquidation preference and dividend payments, with a cumulative dividend rate of 5.00% per annum[79]. - The company does not expect to pay cash dividends on common stock in the foreseeable future, indicating a focus on reinvestment[80]. Economic Environment - Global economic uncertainties, including inflation and foreign currency fluctuations, could adversely affect the company's financial condition and results of operations[77]. - The company has established a cybersecurity risk management program to address potential threats that could impact business operations[81].

Pull up a Celsius Holdings (CELH -0.30%) stock chart, and you'll see plenty of its signature bubbles. The stock is a 57-bagger over the past five years, making it one of market's hottest stocks in that time. Even the most sparkling of beverages will eventually go flat. Could that moment come for Celsius later this week?The company behind the popular canned beverages that promise a safe boost in increased metabolism reports fresh financials this week. Expectations are high, but Celsius has a knack for jumpin ...

Many stock splits have occurred in recent years, with companies aiming to increase liquidity within shares and erase barriers to entry for potential investors. Lower share prices are more affordable for a greater portion of investors, although it’s worth noting that the rise of fractional share investing has alleviated this issue for some.Of course, stock splits are purely cosmetic changes that do not affect the company's valuation or financial health.A market heavyweight, Walmart (WMT) , recently split its ...