Craft Brewers Alliance posts Q1 profit

Craft Brewers Alliance Inc. reported a modest first-quarter profit, reversing a seven-figure loss from a year ago.The Portland-based brewer (NASDAQ: HOOK), reported a $209,000 profit, or 1 cent per share, on sales of $29.3 million. That compares to a loss of $1.07 million loss, or 6 cents per…

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After big loss, Craft Brewers posts modest profit

Craft Brewers Alliance Inc. turned a modest 2009 profit as shipments to beverage giant Anheuser-Busch In Bev soared by nearly 75 percent.In its first full year of operations, the Portland-based brewery (NASDAQ: HOOK) reported a profit of $887,000, or 5 cents per share, on $131.7 million in sales.…

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