Saturday, February 28, 2015 1:17:09 PM
NEW YORK (TheStreet) -- Shares of Monster Beverage (MNST - Get Report) rose 6.36% to $132.67 in after-hours trading Thursday after the company posted fourth-quarter earnings that beat analysts' expectations.
Monster reported net income increased 64.7% year-over-year to $125.3 million from $76.1 million. Net income per diluted share surged 63.2% to 72 cents from 44 cents in the same quarter one year earlier.
Net revenue climbed to $605.57 million, up from $540.85 million in the same period one year ago.
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