Eastside Distilling, Inc. (EAST) Reports Q4 Revenues Above Estimates

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Go back to Eastside Distilling, Inc. (EAST) Reports Q4 Revenues Above Estimates

Eastside Reports Fourth Quarter and Fiscal Year 2018 Financial Results

March 28, 2019 8:45 AM EDT

Gross Sales increase 90% driven by key products and expanded distribution

PORTLAND, Ore.--(BUSINESS WIRE)-- Eastside Distilling, Inc. (NASDAQ: EAST) reported fourth quarter and year end 2018 financial results for the period ended December 31, 2018.

Financial Highlights:

Q4 2018: Gross sales for Q4 2018 were $2,417,205, an increase of 104% compared to $1,183,009 in Q4 2017, led by the continued launch of Redneck Riviera Whiskey (RRW), sales from the Companys private label and wine canning operations and growth within the Pacific Northwest.... More