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CRAFT BREW ALLIANCE, INC.

(BREW)
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Craft Brew Alliance: 2Q Earnings Snapshot

08/05/2020 | 05:44pm EDT

PORTLAND, Ore. (AP) _ Craft Brew Alliance Inc. (BREW) on Wednesday reported second-quarter profit of $424,000.

On a per-share basis, the Portland, Oregon-based company said it had net income of 2 cents.

The brewer that makes craft beers like Kona, Widmer Brothers and Redhook posted revenue of $52.8 million in the period. Its adjusted revenue was $49.4 million.

Craft Brew Alliance shares have fallen 9.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.93, a rise of roughly 2% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BREW at https://www.zacks.com/ap/BREW

Automated Insights, source Associated Press News

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Managers and Directors
NameTitle
Andrew J. Thomas President
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