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Eastside Distilling Inc   (NASDAQ: EAST)
Other Ticker:  
 
 
Price: $0.7620 $-0.07 -8.743%
Day's High: $0.8447 Week Perf: 15.45 %
Day's Low: $ 0.76 30 Day Perf: 46.12 %
Volume (M): 64 52 Wk High: $ 2.98
Volume (M$): $ 48 52 Wk Avg: $0.93
Open: $0.83 52 Wk Low: $0.41



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) 15
 Net Income (TTM) (Millions $) -6
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Eastside Distilling Inc
Eastside Distilling Inc is a US-based company that specializes in the production and distribution of alcoholic beverages. They offer a wide range of spirits, including vodka, whiskey, rum, and gin, as well as ready-to-drink canned cocktails. The company is known for its high-quality products and innovative flavors. They also have a strong focus on sustainability and use environmentally friendly practices in their production processes. Eastside Distilling Inc has expanded its presence in the market and has gained recognition for its exceptional products.


   Company Address: 2321 NE Argyle Street Portland 97211 OR
   Company Phone Number: 888-4264   Stock Exchange / Ticker: NASDAQ EAST


Customers Net Income fell by EAST's Customers Net Profit Margin fell to

-14.78 %

3.42 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BFA     
STZ      0% 
BEAM        14.14% 
MGPI   -2.31%    
SEB   -2.15%    
• View Complete Report
   



Eastside Distilling Inc

Eastside Distilling Inc Faces Financial Turmoil: Revenue Plunges in Q2 2023, Raising Concerns for the Company's Future



Eastside Distilling Inc, a renowned company in the alcohol manufacturing industry, recently released its financial results for the second quarter of 2023. The report presented several alarming factors, including a significant increase in loss per share, a substantial decrease in revenue, and a decline in inventory levels. These findings raise concerns about the company's financial stability and future prospects.
Loss per Share:
In the financial second quarter of 2023, Eastside Distilling Inc experienced a substantial increase in loss per share. The loss per share rose to $-1.96 from $-0.12 in the corresponding period a year ago. Moreover, it also increased from the preceding financial reporting period's loss of $-0.10 per share. This trend suggests a worsening financial performance and potential challenges facing the company.

Eastside Distilling Inc

Eastside Distilling Inc Sees Improvement in Q1 2023 Performance, Despite Revenue DropOREastside Distilling Inc Reports Positive Q1 2023 Financials, Revenue Decline Offset by other Gains

Eastside Distilling Inc has reported improved financial performance in the first quarter of the 2023 earnings season. The company's earnings per share increased, with a loss per share of $-0.10 compared to $-0.16 in the previous year. However, the company reported a sharp decline in revenue by -76.016%, with revenue dropping from $2.78 million in the previous year to $0.67 million in the first quarter of 2023.
Despite this decrease in revenue, Eastside Distilling Inc reported a positive sequential increase in revenue from $-17,251.00 million. The company also reported a reduced net loss of $-1.598 million in the first quarter of 2023, compared to the previous year's net loss of $-2.226 million.







Eastside Distilling Inc's Segments





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