ENCINO, Calif. (AP) — ENCINO, Calif. (AP) — Zevia PBC (ZVIA) on Wednesday reported a loss of $2.3 million in its first quarter.
On a per-share basis, the Encino, California-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.
The stevia-sweetened soda maker posted revenue of $46.1 million in the period.
For the current quarter ending in June, Zevia said it expects revenue in the range of $43 million to $45 million.
The company expects full-year revenue in the range of $170 million to $175 million.
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