Shares jump 6.3% after Celsius reports record $782.6M Q1 revenue and strong earnings beat

Celsius Holdings shares rose 6.3% in premarket trading after the company reported record first-quarter revenue of $782.6 million, a 138% increase year-over-year, driven by acquisitions of Alani Nu and Rockstar Energy. Adjusted earnings per share came in at $0.41, beating estimates of $0.30, while net income surged 148% to $110.1 million. Despite a drop in gross margin due to the acquired brands' lower profitability, operational efficiencies improved and the combined brand portfolio captured 20.9% of the U.S. energy drink market. The strong results validate Celsius's multi-brand strategy and position it well for continued growth.