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-0.00155279503105587 0.00310559006211187 0.0232919254658386 -0.0372670807453416 -0.0372670807453416 -0.029503105590062 -0.031055900621118 -0.0326086956521739
Stock impact report

Beyond Meat® Reports Third Quarter 2024 Financial Results

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
EL SEGUNDO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its third quarter ended September 28, 2024. Third Quarter 2024 Financial Highlights1 Net revenues were $81.0 million, an increase of 7.6% year-over-year.Gross profit was $14.3 million, or gross margin of 17.7%, compared to a loss of $7.3 million, or gross margin of -9.6%, in the year-ago period.Loss from operations was $30.9 million, or operating margin of -38.1%, compared to loss from operations of $69.6 million, or operating margin of -92.4%, in the year-ago period.Net loss was $26.6 million, or $0.41 per common share, compared to net loss of $70.5 million, or $1.09 per common share, in the year-ago period.Adjusted EBITDA was a loss of $19.8 million, or -24.4% of net revenues, compared to an Adjusted EBITDA loss of $57.5 million, or -76.3% of net revenues, in the year-ago period. Beyond Meat P Show less Read more
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