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JSDA — Jones Soda News Story

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Jones Soda Q3 revenue up 15% driven by Spiked Jones products

Overview

Jones Soda Q3 revenue grows 15% to $4.5 mln, driven by HD9 and Spiked Jones products

Net loss for Q3 improves to $1.4 mln, reflecting disciplined cost management

Adjusted EBITDA loss improves by 62% yr/yr, reflecting operational efficiency

Outlook

Company expects Q4 gross sales to exceed $8 mln

Jones Soda plans strategic partnerships and product launches to drive growth

Company anticipates no material impact on HD9 sales from new legislation

Result Drivers

DISTRIBUTION EXPANSION - Expanded into 3 additional club and DSD distribution networks, increasing total to 36

COST REDUCTION - Consolidated MyJones and e-Commerce under one fulfillment partner, reducing costs and increasing efficiency

NEW PRODUCT LAUNCHES - Launched Mary Jones ZERO and Fallout-themed product line, targeting health-conscious consumers and gaming fans

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Net Income-$1.43 mln
Q3 Adjusted EBITDA-$858,000
Q3 Gross Profit$1.30 mln
Q3 Pretax Profit-$1.43 mln
Press Release: ID:nPn9YwxBXa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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