Big Rock Brewery Q3 Loss Narrows

(RTTNews) - Big Rock Brewery Inc. (BR.TO), a Canada-based beverage company, Friday reported narrower loss for the third quarter from last year.

The company's net loss came down to $98 million from $938 million the previous year.

On a per share basis, the company reported loss of $0.00 compared with a loss of $0.13 a year ago.

The company's adjusted EBITDA improved to $744 million from $281 million for the comparable period.

Big Rock's net revenue increased by 27.4 percent, to $16.3 million from $12.8 million the previous year.

On the Toronto Stock Exchange, shares closed on Thursday's regular trading 6.32 percent higher at C$1.01.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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