
Celsius Holdings Inc (NASDAQ:CELH) shares are trading higher Wednesday after the company reported better-than-expected financial results.
Celsius said first-quarter revenue increased 167% year-over-year to $133.4 million, which beat the $114.05 million estimate, according to data from Benzinga Pro. The company said domestic revenue was up 217% year-over-year, while international revenue decreased 10% year-over-year.