Plant-based meat maker Beyond Meat beat expectations in its first earnings report since its stock market debut last month.

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Beyond Meat’s shares soared after it beat Wall Street’s first-quarter earnings and revenue forecasts. The company said it expected full-year revenue to hit $210 million this year, more than double its revenue last year. Analysts averaged Beyond Meat’s full-year revenue to hit $205 million.

Beyond Meat’s shares jumped more than 20 percent in after-hours trading.

“We’re being very conservative,” CEO and president Ethan Brown said. “I view this as a floor.”