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Vita Coco reports a lower loss but sees shares drop as it aims for higher sales in 2025.
Vita Coco reported a lower-than-expected fourth-quarter loss of $0.06 per share, despite a 19.9% revenue increase to $127.29 million.
The company's shares dropped 8.3% in pre-market trading.
However, Vita Coco projects fiscal 2025 sales between $555 million and $570 million and adjusted EBITDA between $86 million and $92 million, driven by growth in coconut water and new product launches.
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Vita Coco reporta una pérdida menor, pero ve bajar las acciones ya que tiene como objetivo mayores ventas en 2025.