NewAge Inc (fka NBEVQ) (NBEVQ)

[ynotcookit]

NJM, re $66M "run-rate:"

I think the term "run-rate" can carry multiple interpretations, of which yours is likely the most conservative.

Another valid interpretation would be: "in the context of extrapolating future performance, the run-rate takes current performance information and extends it over a longer time period.

As such, Gen. Bucha could have intended to imply that the 4th quarter result was the (("current performance" factor) x4)) = $66M -- thus it would be $16.5M.


Read more: Run Rate https://www.investopedia.com/terms/r/runrate.asp#ixzz5A1aRIYOT
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