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Beyond Meat Inc. (NASDAQ:BYND) shares were down after the company reported first-quarter results after Wednesday’s closing bell and guided for second-quarter revenue below the analyst estimate.
Here’s a look at the details inside the report.
- BYND stock is moving. Watch the price action here.
Beyond Meat Q1 Details
Beyond Meat reported quarterly losses of 10 cents per share, in line with the analyst consensus estimate, according to Benzinga Pro data.
Quarterly revenue came in at $58.21 million, which beat the Street estimate of $58.08 million and was down from $68.73 million in the same period last year.
Beyond Meat reported the following first-quarter segment results:
- U.S. …
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