New Age Beverages (NBEV) Reports Q3 Loss of $0.08/Share
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New Age Beverages Corporation Announces Q3 2018 Results
November 14, 2018 4:03 PM ESTDENVER, CO / ACCESSWIRE / November 14, 2018 / NEW AGE BEVERAGES CORPORATION (NASDAQ: NBEV), the Colorado-based healthylifestyle company focused on becoming the world's leading healthy beveragecompany, today announced the results for the third quarter ended September 30,2018.
KEY HIGHLIGHTS:
Balance sheet significantly strengthened with $12 million credit line, elimination of all debt, cash balanced increased to H$28 million and total assets increased to >$100 million 3rd quarter revenue and gross margin impacted by the working capital shortfall throughout most of the third quarter CBD and Health Sciences products in production for launch before... More