PORTLAND, Ore. (WR) _ Craft Brew Alliance Inc. (BREW) on Wednesday reported second-quarter revenue of $424,000.

On a per-share foundation, the Portland, Oregon-based firm mentioned it had web earnings of two cents.

The brewer that makes craft beers like Kona, Widmer Brothers and Redhook posted income of $52.eight million within the interval. Its adjusted income was $49.four million.

Craft Brew Alliance shares have fallen 9.5% for the reason that starting of the yr. Within the ultimate minutes of buying and selling on Wednesday, shares hit $14.93, an increase of roughly 2% within the final 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing information from Zacks Funding Analysis. Entry a Zacks inventory report on BREW at https://www.zacks.com/ap/BREW