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Craft Brew Alliance reports Q3 loss of $1.2 million

By Associated Press
Published: November 12, 2019, 5:39pm

PORTLAND — Craft Brew Alliance Inc. (BREW) on Tuesday reported a third-quarter loss of $1.2 million, after reporting a profit in the same period a year earlier.

The Portland-based company said it had a loss of 6 cents per share. Losses, adjusted for pretax gains, came to 14 cents per share.

The brewer that makes craft beers like Kona, Widmer Brothers and Redhook posted revenue of $50.3 million in the period. Its adjusted revenue was $47.2 million.

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