Celsius Stock Rallies After Earnings Beat as Alani Nu and Rockstar Lift Sales
Celsius reported record Q1 revenue of $782.6 million, up 138%, with adjusted diluted EPS of 41 cents. Shares jumped as much as 10% in premarket trading after results beat estimates. Alani Nu contributed $368.1 million in sales, while Rockstar added $66.6 million. Gross margin dropped to 48.3% due to integration costs and commodity prices.