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Alkaline Water Company Inc (The) - WTER STOCK NEWS

Welcome to our dedicated news page for Alkaline Water Company (The) (Ticker: WTER), a resource for investors and traders seeking the latest updates and insights on Alkaline Water Company (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alkaline Water Company (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alkaline Water Company (The)'s position in the market.

News
The Alkaline Water Company Receives Nasdaq Notice on Late Filing of Its Form 10-Q
Rhea-AI Summary
The Alkaline Water Company Inc. (NASDAQ: WTER) received a deficiency letter from Nasdaq due to its failure to file Form 10-Q for the period ended September 30, 2023. The company is at risk of delisting and has requested an appeal to a Hearings Panel. If delisted, the common stock would be traded on the OTC Markets Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.88%
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News
The Alkaline Water Company In Full Compliance with NASDAQ’s Periodic Filing Requirement
Rhea-AI Summary
The Alkaline Water Company Inc. (NASDAQ: WTER) has resolved its filing deficiencies and is now in compliance with Nasdaq's periodic filing requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.06%
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News
The Alkaline Water Company Reports 62% Year-Over-Year Drop in Net Loss in First Quarter of Fiscal Year 2024, Continues Significant Steps Toward Profitability
Rhea-AI Summary
Alkaline Water Co. reports 62% improvement in net loss YoY, with net loss per share improving by 71%. Revenue down 8% YoY to $15M. Gross profit margin improves by 733 basis points YoY to 25%. Total OpEx decreased by over $3M YoY. Net cash used in operating activities improves 84% YoY to ($408K). Company now current with all SEC filings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
Tags
earnings
News
The Alkaline Water Company Receives Nasdaq Notice on Late Filing of Its Form 10-Q
Rhea-AI Summary
The Alkaline Water Company received a deficiency letter from Nasdaq for not filing its Form 10-Q and Form 10-K on time. The company has until September 18, 2023, to submit a plan to regain compliance. If the plan is not accepted, the company can appeal to the Nasdaq Hearings Panel. The company filed its Form 10-K on August 17, 2023. There is uncertainty about regaining compliance and maintaining the listing on Nasdaq. If delisted, the stock may trade on OTC Markets Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.97%
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News
The Alkaline Water Company Reports Record Revenue of $63.8 Million in Fiscal Year 2023, Posts 16% Growth and Makes Significant Strides Toward Profitability
Rhea-AI Summary
The Alkaline Water Company Inc. (NASDAQ: WTER) announced record-breaking financial results for the fiscal year ending March 31, 2023, with revenues of $63.8 million, representing a 16% YoY growth. The company also reported improvements in gross profit margin, total operating expenses, net loss, and net cash used in operating activities. The CEO emphasized the success of the company's Pathway to Profitability initiative, which has identified $22 million in cost savings and margin enhancement. Alkaline88, the company's flagship brand, experienced growth in retail sales and outpaced category growth in both dollar volume and unit volume.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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earnings
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News
The Alkaline Water Company Enters New Co-Packing Partnership with New York Facility
Rhea-AI Summary
NASDAQ: WTER - The Alkaline Water Company Inc. expands production capacity through a new co-packing partner, A1 Beverages, in New York to support the growth of the Alkaline88® brand in the northeastern region of the United States. The partnership aims to reduce outbound shipping costs and strengthen capacity, capabilities, and cost efficiencies in the Northeast. A1 Beverages plans to further expand capacity in 2024, supporting Alkaline88's national footprint growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
partnership
News
The Alkaline Water Company Receives Nasdaq Notice on Late Filing of Its Form 10-K
Rhea-AI Summary
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End-of-Day
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Alkaline88® Single-Serve Products Now Available in Sprouts’ Grab-and-Go Coolers
Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-6.33%
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News
After Recent Expansion, Alkaline88® 1-Liter 6-Pack Is Available in Most Major Southeast Grocery Chains
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
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News
Alkaline88® Expands Its Reach in 83 Tops Friendly Markets
Rhea-AI Summary
The Alkaline Water Company Inc. has announced that its Alkaline88 3 Liter is now available in 83 Tops locations in the Northeast. The product, which ranks second in total Dollar Volume among all bulk-sized value-added water products in the US Grocery channel, contains purified water and pink Himalayan rock salt. This expansion will provide more shoppers in New York, Pennsylvania, and Vermont with access to Alkaline88's Smooth Hydration®.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
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Stock WTER logo
Alkaline Water Company Inc (The)

Nasdaq:WTER

WTER Rankings

N/A Ranked by Market Cap
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WTER Stock Data

19.54k
10.37M
5.89%
3.85%
1.75%
Soft Drink Manufacturing
Manufacturing
Link
US
Scottsdale

About WTER

the alkaline water company inc. produces, distributes, and markets bottled alkaline water in the united states. it also provides flavored bottled alkaline water in various flavors, including raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint. the company offers bottled alkaline water in various volumes under the alkaline88 brand. in addition, it engages in selling of hemp-derived cbd topical and ingestible products under the a88cbd brand. it sells its products through brokers and distributors to retailers, such as convenience stores, natural food products stores, large ethnic markets, and national retailers, as well as e-commerce websites. the company was founded in 2012 and is based in scottsdale, arizona.