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Stock impact report

Beyond Meat® Reports Second Quarter 2019 Financial Results

Beyond Meat, Inc. (BYND)  More Company Research Source: GlobeNewswire
Last beyond meat, inc. earnings: 7/29 04:01 pm Check Earnings Report
PDF Net Revenues Increase 287% Year-Over-Year to $67.3 MillionCompany Raises Full Year 2019 Outlook EL SEGUNDO, Calif., July 29, 2019 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ:BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its second quarter and six months ended June 29, 2019. Second Quarter 2019 Financial Highlights Compared to Prior Year Period Net revenues were $67.3 million, an increase of 287%;Gross profit was $22.7 million, or 33.8% as a percentage of net revenues, compared to gross profit of $2.6 million, or 15.0% as a percentage of net revenues, in the year-ago period;Net loss was $9.4 million, or a loss of $0.24 per common share, compared to net loss of $7.4 million, or a loss of $1.22 per common share in the year-ago period; andAdjusted EBITDA, which is a non-GAAP financial measure, was $6.9 million compared to an Adjusted EBITDA loss of $5.6 million in the year-ago period. See “Non-GAAP Financial Measures” be [Read more]
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