Edition:
India

Craft Brew Alliance Reports Q1 Adjusted Non-GAAP Loss Per Share $0.19


Thursday, 9 May 2019 

May 8 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE REPORTS STRONG FIRST QUARTER RESULTS, LED BY 10% SHIPMENT GROWTH FOR KONA AND A 270-BASIS POINT EXPANSION IN TOTAL COMPANY GROSS MARGIN.Q1 GAAP LOSS PER SHARE $0.38.Q1 EARNINGS PER SHARE ESTIMATE $-0.27 -- REFINITIV IBES DATA.Q1 SALES $47 MILLION VERSUS REFINITIV IBES ESTIMATE OF $47.3 MILLION.Q1 ADJUSTED NON-GAAP LOSS PER SHARE $0.19 EXCLUDING ITEMS.CBA RECONFIRMS STRONG OUTLOOK FOR 2019 DESPITE IMPACT OF $4.7 MILLION EXPENSE RELATED TO SETTLEMENT OF KONA CLASS ACTION LAWSUIT.