Celsius Shares Soar After Surpassing Earnings Forecasts and Acquiring Alani Nutrition!
Reading Time: 3 minutes
The stock of Celsius Holdings rose by approximately 30% after market close on February 20, 2025, as the company reported quarterly profits and revenues that exceeded Wall Street's expectations, and announced an acquisition deal that could reignite the company’s growth. Celsius exceeded expectations for both revenue and profit For the fourth quarter of 2024, the energy drink manufacturer reported a net revenue of $332.2 million and earnings of 14 cents per share. Analysts surveyed by FactSet had expected $328 million and 11 cents, respectively....
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