Celsius Holdings, Inc. (CELH) Reports Q2 EPS of $0.01

Celsius Holdings, Inc. (NASDAQ: CELH) reported Q2 EPS of $0.01, versus ($0.04) reported last year. Revenue for the quarter came in at $10.2 thousand, versus $6.2 thousand reported last year.

"Celsius reached an important milestone this quarter, achieving $10.2 million in revenue," said John Fieldly, Interim President and Chief Executive Officer and Chief Financial Officer. "Our robust financial results are the direct result of the tremendous traction our products are gaining with consumers in existing markets through our efforts to increase brand awareness, extend distribution and increase product placements. We delivered a 66% increase in revenue, topping $10 million in quarterly sales highlighted by exponential growth both domestically and internationally. At the same time, continuing our focus on controlling product costs drove a similar increase in gross profit and combined with lower operating costs resulting in positive net income for our stockholders."

For earnings history and earnings-related data on Celsius Holdings, Inc. (CELH) click here.

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