New Age Beverages (NBEV) Misses Q1 EPS by 2c, Revenues Beat
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NewAge Reports 9% First Quarter Revenue Growth With Highest Q1 Revenue Performance in Its History
May 11, 2020 6:00 AM EDTQ1 2020 net revenue was nearly $64 million, an increase of 9% versus prior year, 6% of which was organic growthGross margin reached 65%, a significant increase versus prior quarters in the second half of 2019 as product, channel mix, and product profitability improvedKey markets of China, Japan, and North America saw growth versus the first quarter of 2019. Online ordering and direct-to-home fulfillment model resonating worldwideÂ
DENVER, May 11, 2020 (GLOBE NEWSWIRE) -- New Age Beverages Corporation (Nasdaq: NBEV), the Colorado-based healthy products company dedicated to... More
