Shares of NewAge (NASDAQ:NBEV) fell 0.9% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 23.08% year over year to ($0.10), which missed the estimate of ($0.09).
Revenue of $62,637,000 decreased by 5.59% year over year, which missed the estimate of $65,930,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Aug 10, 2020
Time: 08:00 AM
ET Webcast URL: http://public.viavid.com/player/index.php?id=140758
Recent Stock Performance
Company's 52-week high was at $3.85
Company's 52-week low was at $0.98
Price action over last quarter: Up 78.49%
Company Description
NewAge Inc is a beverage company. It is engaged in the development, marketing, sales, and distribution of a portfolio of Ready-to-Drink (RTD). Some of its brands are Nestea, Volvic, Bucha, Xing, TeMana, and others.
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