Buffalo, New York 11/13/2009 1:35:00 PM
News / Business

Celsius Holdings Inc (OTC:CSUH) Reports Net Loss Up for Third Quarter Earnings

Celsius Holdings, Inc. (OTC:CSUH) reported a net loss of $2.72, or $0.02 per share, for the third quarter ending September 30, 2009.  The same period of 2008 the company recorded a net loss of $1.84 million, or $0.01 per share.  Net revenue was reported at $.134 million compared to the previous year’s $435,484.

 

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Celsius Holdings in engaged in the production of, distribution of, and marketing of functional beverages.  Operating within the United States, the company operates through Celsius Inc., and Celsius Netshipments, Inc, wholly owned subsidiaries.  Celsius, the company’s first commercial product, is a low calorie burning beverage available in five flavors: cola, ginger ale, lemon/lime, orange and wild berry.

 

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