Categories AlphaGraphs, Consumer, Earnings
Beyond Meat (BYND) reports Q2 results. Here’s everything you need to know
Beyond Meat, Inc. (NASDAQ: BYND), a pioneer in plant-based meat substitutes, on Monday reported a net loss for the second quarter of 2023 when its revenues declined in double digits.
The company said net revenues declined 30.5% year-over-year to $102.1 million in the June quarter, with sales at the core Retail segment falling sharply. Meanwhile, net loss narrowed to $53.5 million or $0.83 per share in Q2 from $97.1 million or $1.53 per share in the corresponding period of 2022.
For fiscal 2023, the management expects net revenues to be in the range of $360 million to $380 million, representing a decrease of around 14-19% compared to 2022.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
