SodaStream International Ltd. (SODA) reported higher second-quarter net income of $9.5 million or $0.45 per share, compared with last year's $6.6 million or $0.32 per share, with adjusted net income rising to $10.9 million or $0.52 per share, from $7.9 million or $0.38 per share in 2011.
On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.46 for the quarter. Analysts' estimates typically exclude one-time items.
Total revenue for the second quarter of 2012 went up 49.1% to $103.0 million from $69.1 million a year ago. Analysts estimated revenues of $90.64 million for the quarter.
In addition, the company now sees 2012 net income to increase about 55% over 2011 net income of $27.5 million, up from its prior forecast of 50%. This guidance includes a share-based expense of some $5.6 million. Full-year revenue is now anticipated to increase about 40% over 2011 revenue of $289.0 million, up from its earlier guidance of 33%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.