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Beyond Meat | 10-Q: Q3 2024 Earnings Report

Beyond Meat | 10-Q: Q3 2024 Earnings Report

Beyond Meat | 10-Q:2024財年三季報
美股SEC公告 ·  11/07 20:13

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Beyond Meat, a leader in plant-based meat alternatives, reported a net loss of $26.6 million for the quarter ended September 28, 2024, a significant improvement from the $70.5 million loss in the same period the previous year. The company's net revenues increased by 7.6% to $81 million, driven by a 15.8% increase in net revenue per pound, despite a 7.1% decrease in volume sold. The gross profit turned positive at $14.3 million, compared to a loss of $7.3 million year-on-year, with gross margin rising to 17.7% from a negative 9.6%. Research and development expenses decreased by 32.7% to $6.1 million, and selling, general, and administrative expenses dropped by 26.6% to $39.1 million. The company's liquidity outlook remains cautious, with ongoing net losses and negative operating cash flows expected to continue in the near future. Beyond Meat's focus is on reducing operating expenses and managing working capital to achieve sustainable, profitable operations over time. The company's cash balances and anticipated cash flow from operations are believed to be sufficient to fund operations for the next twelve months.
Beyond Meat, a leader in plant-based meat alternatives, reported a net loss of $26.6 million for the quarter ended September 28, 2024, a significant improvement from the $70.5 million loss in the same period the previous year. The company's net revenues increased by 7.6% to $81 million, driven by a 15.8% increase in net revenue per pound, despite a 7.1% decrease in volume sold. The gross profit turned positive at $14.3 million, compared to a loss of $7.3 million year-on-year, with gross margin rising to 17.7% from a negative 9.6%. Research and development expenses decreased by 32.7% to $6.1 million, and selling, general, and administrative expenses dropped by 26.6% to $39.1 million. The company's liquidity outlook remains cautious, with ongoing net losses and negative operating cash flows expected to continue in the near future. Beyond Meat's focus is on reducing operating expenses and managing working capital to achieve sustainable, profitable operations over time. The company's cash balances and anticipated cash flow from operations are believed to be sufficient to fund operations for the next twelve months.
人造肉領軍企業beyond meat報告,截至2024年9月28日季度淨虧損2660萬美元,較去年同期7050萬美元的虧損有顯著改善。公司淨營業收入增長7.6%,達到8100萬美元,受每磅淨收入增長15.8%推動,儘管成交量下降7.1%。毛利潤爲正面1430萬美元,同比虧損730萬美元,毛利率從負9.6%上升至17.7%。研發費用減少32.7%,降至610萬美元,銷售、總務及行政費用下降26.6%,降至3910萬美元。公司的流動性前景仍保守,預計未來持續出現淨虧損和負營業現金流。beyond meat側重於降低營業費用和管理營運資本,以實現長期持續盈利運營。據信公司的現金餘額和預期的營運現金流足以支持未來十二個月的經營。
人造肉領軍企業beyond meat報告,截至2024年9月28日季度淨虧損2660萬美元,較去年同期7050萬美元的虧損有顯著改善。公司淨營業收入增長7.6%,達到8100萬美元,受每磅淨收入增長15.8%推動,儘管成交量下降7.1%。毛利潤爲正面1430萬美元,同比虧損730萬美元,毛利率從負9.6%上升至17.7%。研發費用減少32.7%,降至610萬美元,銷售、總務及行政費用下降26.6%,降至3910萬美元。公司的流動性前景仍保守,預計未來持續出現淨虧損和負營業現金流。beyond meat側重於降低營業費用和管理營運資本,以實現長期持續盈利運營。據信公司的現金餘額和預期的營運現金流足以支持未來十二個月的經營。
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