Zevia: Q4 Earnings Snapshot

Associated Press Finance
26 Feb

ENCINO, Calif. (AP) — ENCINO, Calif. (AP) — Zevia PBC (ZVIA) on Wednesday reported a loss of $5.8 million in its fourth quarter.

The Encino, California-based company said it had a loss of 9 cents per share. Losses, adjusted for restructuring costs, came to 7 cents per share.

The stevia-sweetened soda maker posted revenue of $39.5 million in the period.

For the year, the company reported a loss of $20 million, or 34 cents per share. Revenue was reported as $155 million.

For the current quarter ending in March, Zevia said it expects revenue in the range of $36 million to $38 million.

The company expects full-year revenue in the range of $158 million to $163 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZVIA at https://www.zacks.com/ap/ZVIA

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