Alkaline Water Company (WTER) Misses Q2 EPS by 4c, Revenues Miss; Offers FY21 Revenue Guidance

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The Alkaline Water Company Reports Results for the 2021 Fiscal Second Quarter

November 16, 2020 4:10 PM EST

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the Company) is a producer of bottled alkaline drinking water, flavor-infused waters, and CBD infused products sold under the brand name Alkaline88®, A88, and A88CBD, respectively. Today, the Company announces revenue of $10.8 million for the fiscal second quarter ended September 30, 2020.

Key Highlights:

Fiscal 2021 first-half revenue of $25 million increased 21% over the same period last year. Fiscal Q2 earnings per share of ($0.06) improved by 14.3% compared to the prior-year quarter, of which ($0.03) was related to... More