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Flow Beverage Q3 Adjusted Loss Narrows as Net Revenue Rises
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Flow Beverage Q3 Adjusted Loss Narrows as Net Revenue Rises
Sep 17, 2024 5:17 AM

07:54 AM EDT, 09/17/2024 (MT Newswires) -- Flow Beverage ( FLWBF ) on Tuesday said its third-quarter adjusted loss narrowed while net revenue rose slightly.

The water company said its adjusted net loss fell to $5.6 million from $12.25 million in the year-ago quarter.

Consolidated net revenue rose 5% to $13.8 million. Brand net revenue contracted 15% to $8.4 million, while co-pack revenue increased 62% due to recently signed contracts.

Flow expects continued growth in co-pack revenue over the next several quarters.

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