Eastside Distilling Reports Third Quarter 2024 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2024
0mins
Source: PRnewswire
Company Financial Results: Eastside Distilling, Inc. reported a net loss of $1.4 million for Q3 2024, an improvement from $2.2 million in the same period last year, with spirits sales increasing by 14% compared to the previous quarter. The company also completed a merger with Beeline Financial Holdings and disposed of Craft Canning + Printing as part of a debt settlement.
Conference Call Announcement: The company will host a conference call on November 14, 2024, at 5:00 pm ET to discuss its financial results, which can be accessed via phone or live webcast.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
