Beyond Meat announces Q2 results; Revenue up 32%
Beyond Meat**®** announced its Q2 results ending July 3, 2021, on Thursday after the closing bell.
##### Key Highlights:
* Net revenues were $149.4 million, an increase of 31.8% year-over-year.
* Gross profit was $47.4 million, or gross margin of 31.7% of net revenues.
* Net loss was $19.7 million or $0.31 per common share. Net loss as a percentage of net revenues was -13.2%.
* Adjusted EBITDA was a loss of $2.2 million, or -1.5% of net revenues.