Prior to the open on Wednesday, SodaStream (SODA) posted earnings that handily beat analyst estimates and initially sent the stock soaring nearly 10% in pre market trading. Revenues soared 49% year-over-year and net income soared 43% from last year.
The company is a leading manufacturer of home beverage carbonation systems.
Even though the company also raised guidance, the stock ended the trading day in negative territory.
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