Beyond quarterly results fall flat

Plant-based meat analogue maker slips internationally, cash on hand shrinks.

Beyond Meat reported another sharp decline in revenues for the its first fiscal quarter, and net losses that were slightly improved from the same period a year ago.

The company reported top-line revenues down 18%, to $75.6 million; the drop in US revenues, at 16%, was less than the slip internationally, at 21.5% down. Net losses for the quarter were $54.4 million, a slight…