Past Meat, Inc. (NASDAQ: BYND), which offers plant-based meat merchandise, on Thursday reported a narrower web loss for the primary quarter of 2025 when its income declined.
The corporate reported web revenues of $68.7 million for the primary quarter, down 9% year-over-year. US Retail gross sales, which account for practically 50% of whole revenues, dropped 15% year-over-year.
First-quarter web loss was $52.9 million or $0.69 per share, in comparison with a lack of $54.4 million or $0.84 per share within the year-ago interval. Adjusted EBITDA was a lack of $42.3 million within the March quarter.
