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NewAge (NBEV) trades higher after reporting Q4 revenue and EBITDA above consensus marks. Revenue was up 53% during the quarter to $90.4M and the company's gross margin rate of 66.8% landed comfortably inside the guidance range of 64% to 68%. The outlook from management was also strong. "What ...
NewAge (NBEV): Q4 Net loss of $4M.Revenue of $90.4M (+52.6% Y/Y) beats by $5.4M.CEO comment: “We are seeing record growth in Western Europe, the U.S., and Mexico, and are now seeing resurgence in both China and Japan in Q1 2021. The recently announced...
- Net Revenue up 53% to $90.4 million for the fourth quarter of 2020 - Net Income improved $61.8 million vs. prior year to a net loss $4.0 million - Adjusted EBITDA of $2.9 million, NewAge’s first quarter with positive EBITDA ( 1) DENVER, March 16,...
What Epicenter Stocks Are On Your List Right Now? In this article, we’re going to discuss some penny stocks that fall under the “epicenter” category. Let’s first begin by defining a few things. What Are Epicenter Stocks? Epicenter stocks are share...
DENVER, March 10, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social selling and distribution company, today announced that it will release financial results for its fourth quarter and f...
DENVER, March 05, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social selling and distribution company today announced that it is making changes to its senior leadership team. As part of ...
New Age (NBEV) to acquire Aliven Inc., a Japan-based direct selling company.Aliven is anticipated to bring ~$20M in annualized net revenue and more than $3M in annual EBITDA to the NewAge Group in Japan.Financial terms weren't disclosed.Joseph Wadsworth, NewAge President for Japan and North A...
- Provides ≈20% addition to one of NewAge’s core global markets - Adds almost 100,000 new customers and reps to the Company DENVER, March 04, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending t...
Shares of NewAge (NASDAQ: NBEV) have tanked today, down by 10% as of 12 p.m. EST, after the company announced preliminary fourth-quarter earnings. NewAge also said that it's conducting a private placement to raise fresh capital. Revenue in the fourth quarter is expected to be ap...
NewAge (NBEV) to issue 14.6M common shares at 43.96/share in a private placement, for gross proceeds of $58M. As part of the private placement, investors will receive warrants to purchase up to 7.3M additional shares at $5/share, a 28% premium to the most recent closing price. Closing da...
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Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In NewAge To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - February 2, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is ...
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In NewAge To Contact Him Directly To Discuss Their Options NEW YORK, NY / ACCESSWIRE / January 25, 2023 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investi...
NEW YORK, NY / ACCESSWIRE / December 12, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against NewAge, Inc. ("NewAge" or the "Company") (OTC:NBEVQ)(NASDAQ:NBEV) and reminds investors of the February 6, 2023 deadline to seek the role of...