Shares down more than 8% in early trade (Il Sole 24 Ore Radiocor) - New York, 07 May - Shares in Celsius Holdings fell in early trading after the US energy-drink maker reported record first-quarter sales that missed expectations.

Revenue in the first three months of the year rose 37% to 355.7 million dollars which compared to an analyst consensus of 391 million.

Diluted earnings per share in the period rose to 0.27 dollars compared to 0.13 a year earlier.

'Celsius reported its best first quarter ever driving record revenue and contributing 47% of the quarterly year-over-year growth in the energy drink category," Chairman and CEO John Fieldly said.

At 1340 GMT Celsius shares were down more than 8%.

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(RADIOCOR) 07-05-24 15:50:01 (0604) 5 NNNN