Celsius Holdings (CELH) Stock: Surges 6% as Q3 Revenue Hits Record $847M and Profit Rebounds to $127M
Nov 5, 1:29 PM·
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Summary
Celsius Holdings (CELH) shares rose 6% after the company reported record Q3 revenue of $847 million, driven by Alani Nu growth. Profit rebounded to $127 million, supporting the stock rally.
Celsius Holdings Shares Rise 6% After Record Q3 Revenue and Profit Rebound
Celsius Holdings shares rose 6% after the company reported record third-quarter revenue of $847 million, according to a report published by Blockonomi. The stock move followed results that included a rebound in profit to $127 million.
Revenue Driven by Alani Nu Growth
The company’s quarterly revenue reached a record $847 million, with growth in Alani Nu cited as a driver of the performance, according to the report.
Profit Rebounds
Profit rebounded to $127 million in the quarter, a recovery that the report links to the stock rally.
Key Figures
- Q3 revenue: $847 million (record)
- Profit: $127 million (rebounded)
- Share price reaction: up 6%
- Growth driver cited: Alani Nu
The report was published on Blockonomi and references the ticker CELUSD.