Zevia reports Q4 EPS (9c), consensus (8c)

Reports Q4 revenue $39.5M , consensus $39.49M…Adjusted EBITDA loss was $3.9M , an improvement of $3M year over year…”We are pleased to have ended the year on a strong note with a return to top line growth and significant progress towards achieving profitability. We elevated our brand identity, advanced our three strategic growth pillars and continued to lay a strong foundation for growth and profitability over the long term.” said Amy Taylor, President and Chief Executive Officer of Zevia (ZVIA). “The green shoots we saw across the business in the fourth quarter including our viral holiday campaign, successful new flavor and variety pack launches and expanded distribution in Walmart keep us optimistic about our path forward. Looking ahead, we remain focused on building brand awareness, accelerating product innovation and driving in-store visibility to capitalize on our unique market position within the fast growing and dynamic better-for-you soda category.”