Zevia Announces Third Quarter 2024 Results
Zevia PBC Class A (ZVIA)
Company Research
Source: Business Wire
Net loss improved to $2.8 million and Adjusted EBITDA loss improved to $1.5 million year over yearExpands Distribution into 4,300 Walmart Stores LOS ANGELES--(BUSINESS WIRE)--Zevia PBC (“Zevia” or the “Company”) (NYSE: ZVIA), the Company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the third quarter ended September 30, 2024.Third Quarter 2024 HighlightsNet sales of $36.4 million, a decline of $6.7 million year over yearGross profit margin was 49.1%, an improvement of 3.7 percentage points year over yearNet loss was $2.8 million, including $1.0 million of non-cash equity-based compensation expense, an improvement of $8.4 million year over yearAdjusted EBITDA loss was $1.5 million(1), an improvement of $7.6 million year over yearLoss per share was $0.04 to Zevia’s Class A Common stockholders, an improvement of $0.12 year over yearSubsequent to the third quarter, Zevia expanded distribution to more than 4,300 U.S. Wa
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ZVIA
News
- Zevia to Participate in the Stephens Annual Investment ConferenceBusiness Wire
- Here's What Analysts Are Forecasting For Zevia PBC (NYSE:ZVIA) After Its Third-Quarter Results [Yahoo! Finance]Yahoo! Finance
- Zevia PBC Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Zevia Expands Distribution of its Better-For-You Soda into More than 4,300 Walmart Stores' "Modern Soda" Set NationwidePR Newswire
- Zevia PBC 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
ZVIA
Earnings
- 11/6/24 - Beat
ZVIA
Sec Filings
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/9/24 - Form 4
- ZVIA's page on the SEC website