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Craft Brew Alliance: 3Q Earnings Snapshot

PORTLAND, Ore. (AP) _ Craft Brew Alliance Inc. (BREW) on Wednesday reported third-quarter profit of $61,000.

On a per-share basis, the Portland, Oregon-based company said it had net income of less than 1 cent.

The brewer that makes craft beers like Kona, Widmer Brothers and Redhook posted revenue of $55.6 million in the period. Its adjusted revenue was $52.9 million.

Craft Brew Alliance shares have fallen slightly more than 3 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.55, a climb of 8 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BREW at https://www.zacks.com/ap/BREW