ENCINO, Calif. (AP) _ Zevia PBC (ZVIA) on Thursday reported a loss of $11.1 million in its second quarter.
The Encino, California-based company said it had a loss of 28 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.
The stevia-sweetened soda maker posted revenue of $45.5 million in the period.
Zevia expects full-year revenue in the range of $177 million to $183 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZVIA at https://www.zacks.com/ap/ZVIA
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