Jones Soda Q3 EPS $(0.01) Up From $(0.02) YoY, Sales $4.50M Down From $4.81M YoY
Portfolio Pulse from bharat@benzinga.com
Jones Soda (OTC:JSDA) reported Q3 losses of $(0.01) per share, a 50% improvement from $(0.02) per share YoY. However, sales decreased by 6.43% to $4.50 million from $4.81 million YoY.
November 09, 2023 | 10:16 pm
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NEUTRAL IMPACT
Jones Soda reported a 50% improvement in Q3 losses per share YoY, but a 6.43% decrease in sales. This mixed result could lead to uncertain market reactions.
While the improvement in losses per share is a positive sign, the decrease in sales could be a concern for investors. The mixed results make it difficult to predict the short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100