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Stock news
Eastside Distilling, Inc. (NASDAQ: EAST) is expanding its premium spirits line with the new "Eastside Brand" and the new Eastside portfolio of spirits products. The Eastside special products will build on the Company's inspiration to offer the most unique, highest quality, hand-crafted, small-batch products to our loyal consumers. All products will be limited-edition and will be available in limited markets. Product will ship in late March and should be on shelves by April of this year.
Eastside Distilling, Inc. ("Eastside" or the "Company") (NASDAQ: EAST) announced today that it has progressed its balance sheet initiatives in order to exceed NASDAQ's ongoing shareholder equity listing standards. The three areas of improvement have come from (1) Paycheck Protection Program forgiveness of $1,044,500; (2) the conversion of debt to equity of $5,618,000 by issuing 1,200,000 shares per the Azuñia earnout agreement; and (3) the close of the Redneck Riviera transaction delivering an e...
Eastside Distilling, Inc. ("Eastside" or the "Company") (NASDAQ: EAST) announced today it has completed the termination of the Amended and Restated License Agreement, as amended, with Rich Marks, LLC and John D. Rich TISA Trust U/A/D March 27 2018, collectively ("Rich Marks"), and has sold certain assets to Redneck Spirits Group, LLC ("RSG"). The Company received net proceeds of approximately $7.8 million. The transaction encompasses the Redneck Riviera products including Redneck Riviera Whiskey...
Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company") announced the appointment of Jason Ericson as Head Distiller effective January 11, 2020.
Shares of Eastside Distilling (NASDAQ:EAST) rose 9.9% in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share increased 55.26% year over year to ($0.17), which beat the estimate of ($0.20).Revenue of $4,825,000 rose by 1.64% from the same period last year, which beat the estimate of $4,040,000.Looking Ahead Eastside Distilling hasn't issued any earnings guidance for the time being.Eastside Distilling hasn't issued any revenue guidance for the time being...
Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer focused beverage company that builds craft inspired experiential brands and high quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, reported third quarter 2020 financial results for the period ended September 30, 2020.
NEW YORK, NY / ACCESSWIRE / November 12, 2020 / Eastside Distilling, Inc.
Eastside Distilling (NASDAQ: EAST) releases its next round of earnings this Thursday, November 12. Here is Benzinga's essential guide to Eastside Distilling's Q3 earnings report.What Are Earnings, Net Income, And Earnings Per Share? Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding...