MNST

Monster Beverage Corporation Announces Climb In Q1 Income

(RTTNews) - Monster Beverage Corporation (MNST) revealed a profit for its first quarter that Increases, from last year

The company's bottom line came in at $569.48 million, or $0.58 per share. This compares with $442.99 million, or $0.45 per share, last year.

Excluding items, Monster Beverage Corporation reported adjusted earnings of $572.38 million or $0.58 per share for the period.

The company's revenue for the period rose 27.0% to $2.35 billion from $1.85 billion last year.

Monster Beverage Corporation earnings at a glance (GAAP) :

-Earnings: $569.48 Mln. vs. $442.99 Mln. last year. -EPS: $0.58 vs. $0.45 last year. -Revenue: $2.35 Bln vs. $1.85 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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