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0.00188285152111388 0.00188285152111388 0.00650824882700155 0.000302709247767459 -0.00484334796428042 0.00650824882700155 -0.00484334796428042 0.0139246253973059
Stock impact report

Why Vita Coco Skyrocketed Today [Yahoo! Finance]

The Vita Coco Company, Inc. (COCO) 
Company Research Source: Yahoo! Finance
Vita Coco was a first mover in the coconut water category, with leading market share. The category appears to be resonating with consumers, as the company delivered a massive earnings beat in the first quarter. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Viva, Vita Coco! In the first quarter, Vita Coco delivered 37.4% revenue growth to $179.8 million, while earnings per share grew 61.3% to $0.50. Both figures absolutely trounced analyst expectations. Management also raised its guidance for the rest of the year. It now anticipates sales of $720 million to $735 million, up from a prior range of $680 million to $700 million, and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) between $132 million and $138 million, up from a prior range of $122 million and $128 million. Co-Fou Show less Read more
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