Actionable news
All posts from Actionable news
Actionable news in SODA: SodaStream International Ltd.,

SodaStream International Ltd (SODA) Shares Fall Despite Earnings Beat

SodaStream International Ltd (NASDAQ:SODA) shares were down Wednesday as the company unveiled its earnings.

Sodastream International Ltd (SODA)

For its second quarter, the company earned 64 cents per share, ahead of analysts’ projections of 54 cents per share. The figure was 74% higher than the year-ago quarter.

Revenue came in at $130.6 million, which was also better than Wall Street’s expectations of $128.67 million. The figure topped the year-ago period by 10%.

“The strong momentum that we’ve recently experienced building a global...