NewAge, Inc. (NASDAQ:NBEV), the Colorado-based organic and healthy products company intending to become the world’s leading social selling and distribution company, today announced that it has formed a
As the cannabis industry keeps pushing forward, more companies are moving to list their stock on a major U.S. exchange like the NYSE or NASDAQ. The club, however, remains relatively small.
Newage Inc (NASDAQ:NBEV) and Travel technology platform, HotelPlanner, announced a service provider partnership, where HotelPlanner would be the exclusive…
During Q1, NewAge's (NASDAQ:NBEV) reported sales totaled $125.52 million. Despite a 37.62% in earnings, the company posted a loss of $3.53 million. In Q4, NewAge brought in $90.40 million in sales but lost $2.56 million in earnings.
Shares of NewAge (NASDAQ:NBEV) moved higher by 2.4% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were flat 0.00% year over year to ($0.14), which missed the estimate of ($0.01).
Companies Reporting Before The Bell
• Revlon (NYSE:REV) is likely to report earnings for its first quarter.
• Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter.