Beyond Meat

Beyond Meat (NASDAQ:BYND) reported a Q2 loss  of $0.83 per diluted share, narrowing from a loss of $1.53 a year earlier. Analysts polled by Capital IQ expected a loss of $0.84. Revenue for the quarter ended July 1 was $102.1 million, compared with $147 million a year earlier. Analysts surveyed by Capital IQ expected $109.2 million. For 2023, revenue is projected to be about $360 million to $380 million, compared with prior guidance of $375 million to $415 million. Analysts polled by Capital IQ expect $379.8 million.

Beyond Meat(NASDAQ:BYND) reported its Q4 adjusted loss narrowed to $1.05 per diluted share, Analysts polled by Capital IQ expected a loss of $1.20. Revenue for the quarter ended Dec. 31 was $79.9 million, Analysts polled by Capital IQ expected $75.8 million. The company said it expects full-year 2023 revenue of $375 million to $415 million. Analysts polled by Capital IQ expect $391.4 million.

February 23, 2023 —Beyond Meat, Inc. (NASDAQ: BYND) a leader in plant-based meat, today reported financial results for its fourth quarter and full year ended December 31, 2022. Beyond Meat(NASDAQ:BYND) reported late Thursday that its Q4 adjusted loss narrowed to $1.05 per diluted share,Analysts polled by Capital IQ expected a loss of $1.20. Revenue for the quarter ended Dec. 31 was $79.9 million, Analysts polled by Capital IQ expected $75.8 million. The company said it expects full-year 2023 revenue of $375 million to $415 million. Analysts polled by Capital IQ expect $391.4 million. Fourth Quarter 2022 Financial Highlights Net revenues were $79.9 million, a decrease of 20.6% year-over-year. Gross profit was a loss of $2.9 million, or gross margin of -3.7% of net revenues. Net loss was $66.9 million, or $1.05 per common share. Net loss as a percentage of net revenues was -83.6%. Adjusted EBITDA was a loss of