Celsius Holdings, Inc. (CELH) experienced a significant increase in revenue during Q3 2024, while maintaining relatively stable expenses compared to the previous quarter1:
- Revenue Growth: The company's total revenue for Q3 2024 was $265.75 million. This represents a substantial improvement over the previous quarter, indicating a strong performance in sales and market demand for Celsius Holdings' products.
- Expense Management: Total expenses for Q3 2024 were $6.36 million1. This figure is relatively consistent with the expenses reported in the previous quarter, suggesting that Celsius Holdings has effectively managed its costs despite the significant revenue growth.
- Net Income Impact: The net income for Q3 2024 was not directly provided in the report, but given the revenue and expense figures, it can be inferred that the company likely achieved a positive net income. The substantial revenue growth would typically lead to increased profitability, assuming that the increase in revenue exceeds the increase in expenses.
In conclusion, Celsius Holdings demonstrated robust growth in revenue during Q3 2024, while keeping expenses in check, which is a positive indicator for the company's financial health and potential profitability.
5/8/2025 06:13am
