Beyond Meat reported a mixed bag of results on Feb. 25. The plant-based meat company reported an adjusted net loss per share in 4Q of $0.34, which widened from an adjusted net loss per share of $0.01 in 4Q FY19. Analysts were expecting an adjusted net loss per share of $0.13. Revenue for the quarter came in at $101.9 million, up by 3.5% year-on-year but falling short of the $103.2 million consensus estimate. Beyond Meat (BYND) President and CEO Ethan Brown said, “For the full year, we grew total net revenues 37%, with sales to retail customers more than doubling versus the prior year.
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