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Sep 30, 2023
Celsius Q3 2023 Earnings Report
Celsius Holdings reported record revenue growth driven by North America.
Key Takeaways
Celsius Holdings, Inc. reported record third quarter revenue of $385 million, a 104% increase compared to Q3 2022. North America revenue increased 107% to $371 million.
Record third quarter revenue of $385 million.
Revenue increased 104% from Q3 2022.
North America revenue increased 107% to $371 million.
Celsius is a pioneer in the rapidly growing energy category.
Celsius
Celsius
Celsius Revenue by Geographic Location
Forward Guidance
The press release contains forward-looking statements regarding future results of operations or financial position.
Positive Outlook
- Expectations of revenue
- Expectations regarding strategy and investments
- Expectations regarding business, including market opportunity
- Anticipated trends in financial condition and results of operation
- Expanding presence in the industry
Challenges Ahead
- General economic and business conditions
- Impact of competition and technology change
- Existing and future regulations affecting business
- Ability to satisfy SEC filings in a timely manner
- Other risks and uncertainties discussed in SEC filings