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Beyond Meat Rises 5% After Hours on Q1 Beats

TheMotleyFool

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Beyond Meat Rises 5% After Hours on Q1 Beats

Beyond Meat (NASDAQ: BYND) stock was sizzling after the company reported its Q1 of fiscal 2020 after the market closed on Tuesday.

For the quarter, the alt-protein food producer booked net revenue of $97.1 million, 141% higher than in the same period of 2019. The company was profitable on the bottom line -- a rare occurrence -- at $1.8 million ($0.03 per share) against the $6.6 million net loss in the year-ago quarter.

Image source: Beyond Meat.

Source Fool.com

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