Zevia PBC (ZVIA)
Zevia PBC is a beverage company known for its zero-calorie, all-natural, and plant-based sodas, sparkling waters, and mixers. Founded with a focus on providing healthier alternatives to traditional sugary soft drinks, Zevia emphasizes the use of stevia and other natural sweeteners. The company aims to offer flavorful, guilt-free beverages while promoting wellness and sustainability.
Company News
Beverage brands are shifting focus from flavor to functional benefits, driven by changing consumer preferences among millennials and Gen Z. This trend is benefiting several public companies in the functional beverages market, which is expected to reach $339.6 billion by 2030.
Polar Bear, an AI and blockchain computing power sharing platform, will be listed on XT Exchange. The PBC token, the core of the Polar Bear ecosystem, will be available for trading on the exchange.
Zevia (ZVIA) delivered earnings and revenue surprises of 0% and 2.55%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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ZVIA earnings call for the period ending June 30, 2022.