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.