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Stock impact report

Beyond Meat® Reports Fourth Quarter and Full Year 2019 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
Fourth Quarter 2019 Net Revenues Increase 212% Year-Over-Year to $98.5 Million Fourth Quarter 2019 Gross Profit Improved to $33.5 Million or 34.0% Gross Margin Company Provides Full Year 2020 Outlook EL SEGUNDO, Calif., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ:BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its fourth quarter and full year ended December 31, 2019. Fourth Quarter 2019 Financial Highlights Compared to Prior Year Period Net revenues were $98.5 million, an increase of 212%, compared to net revenues of $31.5 million in the year-ago period;Gross profit was $33.5 million, or 34.0% of net revenues, compared to gross profit of $7.9 million, or 25.0% of net revenues, in the year-ago period;Net loss was $0.5 million, or $0.01 per common share, compared to net loss of $7.5 million, or $1.10 per common share in the year-ago period; andAdjusted EBITDA, which is a non-GAAP financial measure, was $9.5 Show less Read more
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