Summary by Moomoo AI
Celsius Holdings, Inc. reported a significant increase in revenue for both the fourth quarter and the full year of 2023. The company announced record fourth-quarter revenue of $347 million, a 95% increase from the same period in the previous year, and record full-year revenue of $1,318 million, which is more than double the $654 million reported in 2022. These financial results were disclosed in a press release and earnings supplement on February 29, 2024, coinciding with a conference call hosted by Celsius' management team to discuss the results with the investment community. The earnings press release and supplement are available as exhibits to the Current Report on Form 8-K filed with the SEC. Celsius Holdings, known for its premium lifestyle energy drink CELSIUS, has not only seen a surge in revenue but is also actively engaging with its investors through the conference call and has made the replay available for six months via a webcast link.
