06:47 AM EDT, 05/07/2024 (MT Newswires) -- Celsius Holdings ( CELH ) reported Q1 earnings Tuesday of $0.27 per diluted share, up from $0.13 a year earlier.

Analysts polled by Capital IQ expected $0.19 per share.

Revenue for the quarter ended March 31 was $355.7 million, up from $259.9 million a year earlier.

Analysts surveyed by Capital IQ expected $389.8 million.

Shares of the company were down more than 13% in recent Tuesday premarket activity.

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