Beyond Meat Inc

NASDAQ:BYND   3:59:55 PM EDT
37.07
-2.24 (-5.70%)
5:18:32 PM EDT: $37.05 -0.02 (-0.05%)
Layoffs, Other Pre-Announcement

Beyond Meat Q2 Loss Per Share $1.53

Published: 08/04/2022 21:33 GMT
Beyond Meat Inc (BYND) - Beyond Meat® Reports Second Quarter 2022 Financial Results.
Q2 Loss per Share $1.53.
Q2 Revenue Fell 1.6 Percent to $147 Million.
Q2 Earnings per Share View $-1.18, Revenue View $149.2 Million -- Refinitiv Ibes Data (analyst estimates).
FY Net Revenues Are Expected to Be in Range of $470 Million to $520 Million.company is Announcing a Reduction-in-force Affecting Approximately 4% of Its Global Workforce.
Reduction-in-force is Expected to Result in Total Annualized Savings of Approximately $8 Million.
Operating Environment Continues to Be Affected by Near-term Uncertainty Related to Macroeconomic Issues.company Expects to Incur Costs Related to Workforce Reduction in Q3 of 2022.
FY2022 Revenue View $559.4 Million -- Refinitiv Ibes Data (analyst estimates).