Crack open a fresh can of quarterly results, and there are some upbeat surprises in the carbonization process.
There were signs that Celsius Holdings ( CELH 18.53% ) was ready to turn the corner in the second quarter that it reported on Thursday morning. After three rough quarters of negative top-line growth, the closing of its transformative acquisition of Alani Nu at the start of April guaranteed a sharp reversal on the top line for the three subsequent months.
The bigger mystery for the lifestyle brand behind functional sparkling beverages was going to be the bottom line, and that turned out to be the even bigger positive surprise. Shares of Celsius opened sharply higher on Thursday following the head-turning report. It was a great quarter, but it's also important to frame