Bottled Water Company Announces Financial Performance Update

Bottled Water Company (BOTT) Releases Q3 2023 Financial Results

Bottled Water Company (BOTT) has announced its financial results for the third quarter of 2023. The company reported a revenue of $20.99 million for the period ending September 30, 2023. This figure represents a decrease of 4.63% compared to the same quarter in the previous year.

Key Financial Metrics and Performance

During the third quarter of 2023, Bottled Water Company's gross profit stood at $7.51 million. The company's earnings per share (EPS) for the quarter were reported as -$0.17. This EPS figure also reflects a decline when compared to the -$0.03 reported for the third quarter of 2022. The net income for the quarter was a loss of $3.08 million.

Year-to-Date and Annual Performance Trends

Looking at the trailing twelve months (TTM) as of September 30, 2023, Bottled Water Company generated a revenue of $82.47 million. The TTM net income was reported as a loss of $9.67 million, with a TTM EPS of -$0.74. Analysts had previously forecasted an EPS of -$0.04 for the company in the current fiscal year.

Conclusion of Financial Report

In summary, Bottled Water Company's third-quarter 2023 financial report indicates a decrease in revenue compared to the prior year. The company also experienced a decline in earnings per share and reported a net loss for the quarter. Year-to-date and trailing twelve-month figures also reflect financial challenges.