Plant-based meat maker sees gross profit boost, puts away red ink.
Beyond Meat Inc. reported measurably better financial results for the first quarter of its fiscal 2023 than it did a year ago, a development that CEO Ethan Brown largely chalked up to the company’s emphasis on generating positive cash flow since last year.
For the quarter ended April 1, Beyond reported net revenues of $92.2 million, a decrease of 15…