Inactive Instrument

NewAge, Inc.

Equities

NBEV

US6501941032

NewAge, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021

November 09, 2021 at 09:06 pm

NewAge, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 99.55 million compared to USD 62.72 million a year ago. Net loss was USD 2.7 million compared to USD 14.13 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.14 a year ago. For the nine months, sales was USD 349.11 million compared to USD 189.05 million a year ago. Net loss was USD 3.1 million compared to USD 35.31 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.38 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.38 a year ago.

Latest news about NewAge, Inc.

NewAge, Inc. Went Out of Business	04/05/23	CI
Order for Dismissal For Morinda Holdings, Inc.	06/03/23	CI
Modified Third Amended Liquidation Plan and Related Disclosure Statement Approved for NewAge, Inc.	01/03/23	CI
First Motion for Exclusivity Period Extension Approved For NewAge, Inc.	24/01/23	CI
Third Amended Disclosure Statement Approved on Interim Basis for NewAge, Inc.	06/01/23	CI
Third Amended Combined Liquidation Plan and Disclosure Statement Filed by NewAge, Inc.	05/01/23	CI
Second Amended Combined Liquidation Plan and Disclosure Statement Filed by NewAge, Inc.	30/12/22	CI
First Motion for Exclusivity Period Extension Filed by NewAge, Inc.	28/12/22	CI
First Amended Combined Liquidation Plan and Disclosure Statement Filed by NewAge, Inc.	20/12/22	CI
Combined Liquidation Plan and Disclosure Statement Filed by NewAge, Inc.	30/11/22	CI
Motion for Case Dismissal Filed for NewAge, Inc.	30/11/22	CI
Motion for Asset Sale Approved for NewAge, Inc.	23/11/22	CI
Motion for Asset Sale Filed by NewAge, Inc.	07/11/22	CI
Motion for Asset Sale Approved for NewAge, Inc.	17/10/22	CI
Notice for Auction Cancellation & Selection of Successful Bidder Filed by NewAge, Inc.	06/10/22	CI
Final DIP Financing Approved for NewAge, Inc.	30/09/22	CI
Bidding Procedure Approved for NewAge, Inc.	21/09/22	CI
Top Premarket Decliners	07/09/22	MT
NewAge, Inc.(OTCPK:NBEV.Q) dropped from NASDAQ Composite Index	07/09/22	CI
Sector Update: Consumer Stocks Mixed Premarket Tuesday	06/09/22	MT
Sector Update: Consumer	06/09/22	MT
NewAge Gets Court Approval of First Day Motions in Bankruptcy Process	06/09/22	MT
NewAge, Inc.(NasdaqCM:NBEV) dropped from S&P TMI Index	06/09/22	CI
NewAge, Inc.(NasdaqCM:NBEV) dropped from S&P Global BMI Index	05/09/22	CI
US Futures Slightly Mixed Ahead of Nonfarm Payrolls Report	02/09/22	MT

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Company Profile

NewAge, Inc. is a direct-to-consumer (D2C) organic and healthy products company. The Company builds brands across three primary platforms, including Health and Wellness, Inner and Outer Beauty, and Nutrition and Weight Control. Its Health and Wellness platform categories include Liquid Superfoods, Functional Beverages, Vitamins + Supplements, Mental + Physical Relief, Water + Air Filtration, Essential Oils and Home Care products. Its Nutrition and Weight Control platform categories include Weight Management, Intermittent Fasting, Sports Performance and Energy products. Its Inner and Outer Beauty platform categories include Facial Skin Care, Cosmetics, Beauty Supplements, Hair Care and Bath + Body products. Its brands include Hiro, LIMU, Nutrifii, Slenderiiz, Tahitian Noni, TeOra, Zennoa, Lucim and Reviive. It commercializes a portfolio of organic and healthy products worldwide primarily through a D2C route to market distribution system across more than 50 countries.

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