New Age Beverages (NBEV) Misses Q3 EPS by 8c, Revenues Miss
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Newage Announces Third Quarter Financial Results
November 9, 2020 6:00 AM ESTAnnounced merger with ARIIX expected to close by November 30, 2020Revenues expected to double with close of ARIIX transactionSale of BWR brands expected to enhance financial strength Â
DENVER, Nov. 09, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company, today announced financial results for the quarter ended September 30, 2020 with net revenue reaching $62.7 million on a stand-alone basis. This includes the reduction in revenue associated with the sale of the BWR retail brands during the quarter, but does not include revenues... More
