Beyond Meat slips after penny Q4 loss

• Beyond Meat (NASDAQ:BYND) reports revenue jumped 212% to $98.5M in Q4.
• Gross profit soared to 34.0% sales vs. 25.0% a year ago off the sales leverage.
• Net income was -$0.5M vs. -$7.5M a year ago.
• Adjusted EBITDA arrived at $9.5M vs. -$3.8M last year and the consensus mark of $5.8M.
• Looking ahead, Beyond Meat anticipates FY20 revenue of $490M to $510M vs. $486M consensus and adjusted EBITDA as a percentage of revenue close to the 2019 level. Gross margin is seen landing in a range of 33% to 35% for the full year.
• Shares of Beyond Meat are down 0.40% in AH trading to $105.72.
• Previously: Beyond Meat EPS misses by $0.02, beats on revenue (Feb. 27)