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SodaStream +10% after huge guidance boost

Published 08/01/2018, 07:56 AM
© Reuters.  SodaStream +10% after huge guidance boost
  • SodaStream (NASDAQ:SODA) shoots higher after hiking revenue and profit guidance.
  • The company expects FY18 revenue growth of +23% vs. +15% prior and sees full-year EPS growth of +31% vs. +8% prior.
  • During Q2, SodaStream saw sparkling water maker starter kits revenue increase 38% and consumables revenue increase 26%.
  • Shares of SodaStream are up 9.97% premarket to $96.00.
  • Previously: SodaStream beats by $0.41, beats on revenue (Aug. 1)
  • Now read: Dividend Champion Spotlight: Bemis Company (NYSE:BMS), Inc.


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