Newage announces record second quarter results: net revenue increases 98% to $124 million

Denver, aug. 09, 2021 (globe newswire) -- newage, inc. (nasdaq: nbev), the colorado-based direct-to-consumer (d2c) organic and healthy products company, today announced record financial results for the second quarter of 2021 with a net revenue of $124 million, net income of $17.4 million, adjusted ebitda1 of $1.7 million, and basic earnings per share of $0.11.
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