New Age Beverages (NBEV) Reports Q3 Loss of $0.08/Share
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New Age Beverages (NASDAQ: NBEV) reported Q3 EPS of ($0.08), versus ($0.01) reported last year. Revenue for the quarter came in at $13.24 million, versus $15.05 million reported last year.
- CBD and Health Sciences products in production for launch before Christmas
Brent Willis, Chief Executive Officer of New Age mentioned, "New Age continued to progress its strategy to become the world's leading healthy beverage company in Q3.We significantly strengthened the Company's balance sheet and cash position.Now, with the distribution breadth of our core brands and our ability to fulfill demand, the impending launch of our CBD portfolio, and next steps with strategic growth opportunities, we are confident in our ability to continue to drive excellent return for shareowners."
For earnings history and earnings-related data on New Age Beverages (NBEV) click here.
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