Beyond Meat Inc's expenses more than doubled in the third quarter as the ve...
FILE PHOTO: The company logo and trading information for Beyond Meat is displayed on a screen during the IPO at the Nasdaq Market site in New York, U.S., May 2, 2019. REUTERS/Brendan McDermid/
The company’s shares fell 8% in after-market trading as the surge in expenses overshadowed a beat on quarterly revenue and a raised forecast for full-year sales. The California-based company raised its full-year net revenue forecast for the second time to $265 million to $275 million. It had previously forecast net revenue to exceed $240 million.
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