While the volatility of earnings season theoretically provides opportunity for options traders, there's also an ugly side to the narrative. Popular beverage company Celsius Holdings Inc (NASDAQ:CELH) recently demonstrated this component, delivering strong growth in its latest financial disclosure. Unfortunately, an incurred net loss overshadowed the print, sending CELH stock down sharply. Still, the red ink could potentially provide upside for aggressive market participants.
For the third quarter, Celsius generated revenue of $725.11 million, up 173% from the year-ago level. This latest tally also beat Wall Street analysts' consensus target of $717.69 million. According to management, the Alani Nu and Rockstar Energy deals, along with a 44% sales boost for its namesake brand, drove revenue.
