Eastside Distilling, Inc. (EAST) Reports Q3 Loss of $0.42

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Go back to Eastside Distilling, Inc. (EAST) Reports Q3 Loss of $0.42

Eastside Reports Third Quarter 2018 Financial Results

November 14, 2018 8:00 AM EST

Gross Sales increase 90% driven by accelerating Redneck Riviera shipments

PORTLAND, Ore.--(BUSINESS WIRE)-- Eastside Distilling, Inc. (NASDAQ: EAST), a producer of craft spirits, reported third quarter 2018 financial results.

Financial Highlights for Q3 2018 ended September 30, 2018:

Gross sales for Q3 2018 were $1,698,848, an increase of 90% compared to $895,182 in Q3 2017, led by the continued launch of Redneck Riviera Whiskey (RRW), sales from the Companys private label and wine canning operations, as well as growth within the Pacific Northwest. Total shipments increased to 13,275... More