secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0000950170-22-024149
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia Q3 Net Sales $44.2M (+13.6% YoY); Net Loss $9.2M; Resets FY2022 Revenue Guidance to $158-160M
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- Net sales $44.2M, up 13.6% YoY; unit volume +2.3% to 3.6M cases.
- Gross margin 43.3%, up 90bp sequentially; net loss $9.2M ($0.17 EPS loss), improved from $49.8M loss YoY.
- Adjusted EBITDA loss improved to $2.1M from $3.5M YoY; cash $49.2M, no debt.
- FY2022 net sales guidance reduced to $158-160M (14.2-15.7% growth); Q4 outlook $30-32M.
- Cites customer inventory pressures and macro environment as headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000095017022024149/0000950170-22-024149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000095017022024149/zvia-20221110.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-024149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer