Celsius Holdings is trading at $33.16 (+7.84%) in pre-market after reporting record third-quarter revenue and diluted EPS above estimates.

  • Revenue of $847.2 million rose 17% year over year, beating estimates of about $800.7 million; diluted EPS of $0.39 exceeded the $0.35 estimate.
  • Portfolio growth, including Alani Nu and Rockstar, drove results, while the core CELSIUS brand faced modest inventory-rebalancing headwinds.
  • The earnings release is the clearest company-specific catalyst for the November 5 move.