Jones Soda Q2 GAAP EPS $(0.02) Down From $(0.01) YoY, Sales $7.16M Up From $4.81M YoY
Portfolio Pulse from Benzinga Newsdesk
Jones Soda (OTC:JSDA) reported a Q2 GAAP EPS of $(0.02), a 100% decrease from $(0.01) YoY. Sales increased by 48.92% to $7.16M from $4.81M YoY.
August 13, 2024 | 8:13 pm
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Jones Soda reported a Q2 GAAP EPS of $(0.02), a 100% decrease from $(0.01) YoY. However, sales increased by 48.92% to $7.16M from $4.81M YoY.
The decrease in EPS indicates higher losses, which is negative. However, the significant increase in sales is a positive sign. The mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100