UPDATE: SodaStream Posts Upbeat Q4 Earnings

SodaStream International

reported a drop in its fourth-quarter profit. SodaStream's quarterly profit slipped to $681,000, or $0.03 per share, versus a year-ago profit of $7.5 million, or $0.36 per share. Its adjusted earnings dropped to $0.16 per share versus $0.45 per share. Its revenue climbed to $168.1 million versus $132.9 million. However, analysts were estimating earnings of $0.14 per share on revenue of $167.4 million. SodaStream shares gained 2.81% to $40.18 in pre-market trading.