Last year, the company had one large export order from a customer that hasn’t reordered. Excluding that shipment last year, the increase of revenue for second-quarter 2009 vs 2008 was an increase of 102%.
The company had previously expressed expectations that it would achieve even higher revenue in the quarter. However, certain customers that were expected to start buying delayed their first orders.
CEO Steve Haley will be available for a live interview at InvestmentNation via its website on Tuesday 28 July 2009 at 6pm ET, to discuss the company’s plans and progress. Look for CSUH in the center of the homepage.
Note: Investors, who wish to attend the interview, are encouraged to view the CSUH message board within the Investment Nation Website.
Source: Celsius Holdings Inc
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