Record first quarter revenue of $260 million, up 95% from $133 million in Q1 2022
North America revenue increased 101% to
$249 million, up from $124 million in Q1 2022
BOCA
RATON, Fla., May 9, 2023
/PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of
the leading global fitness drink, CELSIUS®, today reported
preliminary financial results for the first quarter ended
March 31, 2023. Management will host
a conference call today at 4:30 p.m. Eastern
Time, to discuss the results with the investment
community.
A PDF containing our first quarter 2023 results and full
financial tables is available at:
https://www.celsiusholdingsinc.com/Q1_2023
To participate in the conference call, please call one of the
following telephone numbers at least 10 minutes before the start of
the call:
Toll Free:
|
877-545-0320
|
International:
|
973-528-0002
|
Participant Access
Code:
|
834155
|
Webcast: https://www.webcaster4.com/Webcast/Page/2410/48358
Replay of the conference call can be accessed through the
webcast link above for 90 days. Disclosures can be found on the
Company's online disclosure portal at:
https://www.celsiusholdingsinc.com/sec-filings/
About Celsius Holdings, Inc.
Celsius Holdings, Inc.
(Nasdaq: CELH), is a global consumer packaged goods company with a
proprietary, clinically proven formula for its master brand
CELSIUS®. A lifestyle energy drink born in fitness and a pioneer in
the rapidly growing energy category. CELSIUS® offers proprietary,
functional, essential energy formulas clinically-proven to offer
significant health benefits to its users. CELSIUS® is backed by six
university studies that were published in peer-reviewed journals
validating the unique benefits CELSIUS® provides. For more
information, please visit: http://www.celsiusholdingsinc.com
Forward-Looking Statements
This press release may
contain statements that are not historical facts and are considered
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
contain projections of Celsius Holdings' future results of
operations and/or financial position, or state other
forward-looking information. In some cases, you can identify these
statements by forward-looking words such as "anticipate,"
"believe," "could," "estimate," "expect," "intend," "may,"
"should," "will," "would," or similar words. You should not rely on
forward-looking statements since Celsius Holdings' actual results
may differ materially from those indicated by forward-looking
statements as a result of a number of important factors. These
factors include but are not limited to: general economic and
business conditions; our business strategy for expanding our
presence in our industry; anticipated trends in our financial
condition and results of operation; the impact of competition and
technology change; existing and future regulations affecting our
business; the Company's ability to satisfy in a timely
manner, all Securities and Exchange Commission (SEC) required
filings and the requirements of Section 404 of the Sarbanes-Oxley
Act of 2002 and the rules and regulations adopted under that
Section; and other risks and uncertainties discussed in the reports
Celsius Holdings has filed previously with the Securities and
Exchange Commission. Celsius Holdings does not intend to and
undertakes no duty to update the information contained in this
press release.
Investor Relations:
Cameron Donahue
(651) 707-3532
cdonahue@celsius.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/celsius-holdings-inc-reports-record-first-quarter-2023-financial-results-301820093.html
SOURCE Celsius Holdings, Inc.