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The Vita Coco Company, Inc. Profit Advances In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Vita Coco Company, Inc. (COCO) announced earnings for its first quarter that increased from last year

The company's bottom line totaled $18.88 million, or $0.31 per share. This compares with $14.24 million, or $0.24 per share, last year.

The company's revenue for the period rose 17.2% to $130.92 million from $111.70 million last year.

The Vita Coco Company, Inc. earnings at a glance (GAAP) :

-Earnings: $18.88 Mln. vs. $14.24 Mln. last year.
-EPS: $0.31 vs. $0.24 last year.
-Revenue: $130.92 Mln vs. $111.70 Mln last year.

-Guidance:
Full year revenue guidance: $555 - $570 Mln

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