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Zevia PBC (ZVIA) Q3 2024 Earnings Call Highlights: Record Gross Margin and Strategic Expansion ... [Yahoo! Finance]

Zevia PBC Class A (ZVIA) 
Company Research Source: Yahoo! Finance
Net Sales: $36.4 million, a 16% decline from Q3 2023. Annual Cost Savings: Expected to be $15 million, up from a previous estimate of $12 million. Net Loss: $2.8 million, improved from a net loss of $11.2 million in Q3 2023. Cash and Cash Equivalents: Approximately $32 million at the end of the quarter. Q4 2024 Sales Guidance: Expected to be between $38 million to $40 million. Q4 2024 Adjusted EBITDA Guidance: Expected to be between negative $1.8 million to negative $2.2 million. Full Year 2024 Net Sales Outlook: Between $154 million to $156 million. Full Year 2024 Adjusted EBITDA Loss: Approximately $13 million. Warning! GuruFocus has detected 3 Warning Signs with ZVIA. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Zevia PBC ( NYSE:ZVIA ) reported a significant improvement in adjusted EBITDA loss, reducing it to $1.5 million from $9.1 million in the same quarter last year. T Show less Read more
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