Newage Announces Third Quarter Financial Results

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New Age Beverages (NBEV) Misses Q3 EPS by 8c, Revenues Miss

November 9, 2020 6:06 AM EST

New Age Beverages (NASDAQ: NBEV) reported Q3 EPS of ($0.14), $0.08 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $62.7 million versus the consensus estimate of $70.69 million.

Brent Willis, Chief Executive Officer of NewAge, commented, We continue to make substantial... More