Eastside Distilling Financial Report: Key Highlights

Monday, 1 April 2024, 20:47

In the latest financial report, Eastside Distilling disappointed investors with a GAAP EPS of -$1.39, missing expectations by $0.49. Furthermore, the revenue of $2M, showing a 13.4% decrease year-over-year, fell short by $1.6M. These figures reveal challenges in Eastside Distilling's financial performance, signaling potential concerns for stakeholders.

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Eastside Distilling Financial Report Analysis

In the recent report from Eastside Distilling, the company's financial standing revealed critical insights about its performance.

Key Findings:

GAAP EPS: -1.39 (Missed Expectations by $0.49)
Revenue: $2M (Missed by $1.6M, -13.4% Y/Y)

The results paint a picture of the challenges faced by Eastside Distilling, urging stakeholders to reevaluate their investment strategies.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Eastside Distilling Financial Report Analysis

Key Findings:

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