There’s nary beauteous mode of putting it: Beyond Meat Inc.’s quarterly results could beryllium described arsenic dormant meat.
The company’s banal BYND was pummeled, falling astir 19% successful extended trading Wednesday, aft it reported a fiscal third-quarter nett nonaccomplishment of $54.8 million, oregon 87 cents a share, compared with a nett nonaccomplishment of $19.3 million, oregon 31 cents a share, successful the year-ago quarter. Adjusting for one-time losses, Beyond reported a nett nonaccomplishment of $36.8 million.
Revenue...