NASDAQ:COCO - Nasdaq - US92846Q1076 - Common Stock - Currency: USD
Shares of coconut water company The Vita Coco Company (NASDAQ:COCO) fell 12.7% in the morning session after the company reported weak fourth-quarter 2024 results with full-year revenue guidance that slightly missed expectations. On the other hand, revenue exceeded projections. Adjusted EBITDA also topped expectations, though earnings were in line. Overall, this quarter could have been better, as strong profit growth was overshadowed by a softer full-year revenue outlook.
Coconut water company The Vita Coco Company (NASDAQ:COCO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 19.9% year on year to $127.3 million. On the other hand, the company’s full-year revenue guidance of $562.5 million at the midpoint came in 1.2% below analysts’ estimates. Its GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
Coconut water company The Vita Coco Company (NASDAQ:COCO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 19.9% year on year to $127.3 million. On the other hand, the company’s full-year revenue guidance of $562.5 million at the midpoint came in 1.2% below analysts’ estimates. Its GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
Fourth Quarter Net Sales Increased 20% with Full Year Increasing 5% to $516 million benefiting from Vita Coco Coconut Water growth of 10% Full Year Net...
Coconut water company The Vita Coco Company (NASDAQ:COCO) will be reporting earnings tomorrow before the bell. Here’s what to look for.
NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of...
Program intends to empower communities and promote equitable opportunities for long-term community prosperity...
Sentiment on Stocktwits turned ‘neutral’ from ‘extremely bullish’ a day ago.
Vita Coco’s 22.3% return over the past six months has outpaced the S&P 500 by 19.7%, and its stock price has climbed to $33.62 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Holiday giveaway to offer luxury pink prizes and Vita Coco Treats™...
Holiday giveaway to offer luxury pink prizes and Vita Coco Treats™
Net Sales Decreased 4% to $133 million while Vita Coco Coconut Water Grew 8% Net Income Increased $4 million to $19 million and Non-GAAP Adjusted EBITDA1...
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of...
Program intends to empower communities and promote equitable opportunities for long-term community prosperity
For every mile run through race day in Strava, Vita Coco will donate $1 to &Mother in support of mom-athletes
For every mile run through race day in Strava, Vita Coco will donate $1 to &Mother in support of mom-athletes...
New greenspace at Becky G’s elementary school enhances learning, wellness, and community connections