NewAge Announces Timing for Second Quarter 2020 Financial Results and Conference Call
NewAge, Inc. (Nasdaq: NBEV) will release its Q2 financial results on August 10, 2020, before market opening.
A conference call will follow at 8:00 a.m. ET for investors with details from management and a Q&A session. Interested parties can join by dialing 1-877-407-3982 (toll-free) or 1-201-493-6780 (international). This event will also be available via webcast and can be replayed for 45 days. NewAge is on track to close its merger with ARIIX and other companies, positioning itself for a broader market footprint.
- Anticipated merger with ARIIX expected to enhance market reach across 75+ countries.
- Access to over 400,000 independent product consultants post-merger.
- None.
DENVER, Aug. 04, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy and organic products company, today announced that it will release financial results for its second quarter ended June 30, 2020, before the stock market opens on Monday, August 10, 2020. The company will hold a conference call and webcast for investors at 8:00 a.m. Eastern Time that same day.
Interested investors can dial into the conference call to hear the details of management's update and participate in a question and answer session.
Date: Monday, August 10, 2020
Time: 8:00 a.m. Eastern Time
Toll-free dial-in number: 1-877-407-3982
International dial-in number: 1-201-493-6780
Conference ID: 13706963
The conference call will also be broadcast live and available for replay here and via the investors section of the company’s website at https://newagebev.com/en-us/our-story/investors. The webcast replay will be available for approximately 45 days following the call.
Please call the conference telephone number 15 minutes prior to the start time due to increased demand for conference calls. You will be asked to register your name and organization.
A replay of the conference call will be available after 11:00 a.m. Eastern Time on the same day through Monday, August 17, 2020.
Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13706963
About NewAge Beverages Corporation (NASDAQ: NBEV)
NewAge is a Colorado-based organic and healthy products company dedicated to inspiring and educating consumers to “Live Healthy.” The Company is an omni-channel distributed company with access to traditional retail, e-commerce, direct-to-consumer, and medical channels across 60 countries worldwide. NewAge markets a portfolio of better-for-you products including the brands Tahitian Noni, TeMana, Nestea, Volvic, Illy Coffee, Evian, Búcha Live Kombucha, ‘Nhanced and others. The Company operates the websites www.newage.com, www.noninewage.com, and a number of other individual brand websites.
NewAge has announced a transaction with ARIIX LLC. Once the ARIIX transaction is completed, we will be the only omni-channel company with access to traditional retail, e-commerce, direct-to-consumer, and other channels across more than 75 countries worldwide, with a network of over 400,000 exclusive independent product consultants, representatives, and affiliates around the globe. After the transaction is closed NewAge will market a portfolio of better-for-you products along with the companies, ARIIX, ZENNOA, Shannen, MaVie, and Limu in healthy hydration & wellness, healthy appearance, and nutritional performance platforms. The Company has announced the merger of NewAge with ARIIX and four other e-commerce/direct selling companies on July 21, 2020. This transaction is anticipated to close during the third quarter of 2020.
Safe Harbor Disclosure
This press release contains forward-looking statements that are made under the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's expectations regarding future results of operations, economic performance, financial condition, the acquisition of ARIIX, statements about the benefit of the ARIIX transaction, and the extent and duration of COVID-19 on its business. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable, but there is no assurance they will prove to be accurate. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. NewAge competes in a rapidly growing and transforming industry, and risk factors, including those disclosed in the Company's filings with the Securities and Exchange Commission, might affect the Company's operations. Unless required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements.
NewAge has exclusively partnered with the world's 5th largest water charity, WATERisLIFE, to end the world water crisis with the most innovative technologies available. Donate at WATERisLIFE.com to help us #EnditToday.
For investor inquiries about NewAge please contact:
Investor Relations Counsel:
John Mills/Scott Van Winkle
ICR – Strategic Communications and Advisory
Tel: 1-646-277-1254/1-617-956-6736
newage@icrinc.com
NewAge Beverages Corporation:
Gregory A. Gould
Chief Financial Officer
Tel: 1-303-566-3030
Greg_Gould@NewAge.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81ac6b36-5bbc-47d9-b82d-6edb9d70162b
FAQ
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