STOCK TITAN
  1. Home
  2. News
  3. EAST

EASTSIDE DISTILLING , INC. - $EAST STOCK NEWS

Welcome to our dedicated page for EASTSIDE DISTILLING news (Ticker: $EAST), a resource for investors and traders seeking the latest updates and insights on EASTSIDE DISTILLING stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EASTSIDE DISTILLING 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EASTSIDE DISTILLING 's position in the market.

News
Eastside Distilling, Inc. to Report 2024 First Quarter Results on Monday, May 13, 2024
Rhea-AI Summary

Eastside Distilling, Inc. (NASDAQ: EAST) will report its first quarter financial results on May 13, 2024. The company specializes in craft inspired brands, premium spirits, digital can printing, co-packing, and mobile filling. A conference call will be held on the same day at 5:00pm ET to discuss the results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
conferences earnings
-
News
Eastside Distilling Reports Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Eastside Distilling, Inc. reported fourth quarter and year-end financial results for 2023, highlighting a record 14.1 million cans digitally printed in 2023. The company expects an 88% increase in can printing for the first quarter of 2024. Operating losses for spirits improved by 74%, with a focus on profitable segments. Despite a decrease in gross sales, the company saw a decrease in operating costs and net loss, reporting adjusted EBITDA of $(1.3) million for the fourth quarter of 2023. The company also conducted a reverse stock split in May 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.15%
Tags
earnings
-
News
Eastside Distilling, Inc. to Report 2023 Fiscal Year Results on Monday, April 1, 2024
Rhea-AI Summary
Eastside Distilling, Inc. (NASDAQ: EAST) will report its financial year end results on April 1, 2024, followed by a conference call on April 2, 2024. The company focuses on craft inspired experiential brands and high-quality artisan products. Interested parties can access the call through dial-in or webcast options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.08%
Tags
conferences earnings
News
Eastside Distilling to Attend the 36th Annual Roth Conference March 17-19, 2024 and schedules 4th Quarter Earnings Call
Rhea-AI Summary
Eastside, a consumer-focused beverage company, will attend the 36th Annual Roth Conference and report its fourth-quarter financial results. CEO Geoffrey Gwin will be present at the conference, and investors can schedule meetings with Eastside management. The company will host a conference call to review the results on March 27, 2024, providing call-in and webcast information for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.04%
Tags
conferences earnings
-
News
Eastside Distilling Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Eastside Distilling, Inc. (NASDAQ: EAST) reported third quarter 2023 financial results, including a debt to equity conversion, increased shareholders' equity, and significant growth in gross profit for Craft C+P. The company's CEO highlighted operational improvements and progress towards profitability. Financial results showed flat gross sales, increased gross profit, decreased operating costs, and a reduced net loss. The company also completed a debt satisfaction agreement, a reverse stock split, and will provide further updates on its earnings conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.73%
Tags
earnings
-
News
Eastside Distilling, Inc. to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023
Rhea-AI Summary
Eastside Distilling, Inc. (NASDAQ: EAST) will report its third quarter financial results on November 14, 2023, after the market close. The company is a consumer-focused beverage company that specializes in craft inspired experiential brands and high-quality artisan products. The conference call to review the results will be held on the same day at 5:00 pm Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.9%
Tags
conferences earnings
News
Eastside Distilling Announces Completion of Debt-for-Equity Exchange
Rhea-AI Summary
Eastside Distilling, Inc. has successfully completed a debt-for-equity exchange with key debt holders, resulting in substantial debt reduction and improved cash flow. The transaction extends debt maturity and enables the company to regain compliance with NASDAQ's Shareholders Equity requirement. The exchange rate was $3.05 per common share equivalent, resulting in 19% of outstanding voting stock being converted into common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.31%
Tags
none
-
News
Eastside Distilling Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Eastside Distilling reports Q2 2023 financial results, Craft C+P sees a 43% increase in net sales and printed over 4 million cans. Spirits business cuts operating losses. Gross sales decreased to $2.8M from $5.1M, gross profit decreased to $26K from $1.5M. Operating costs decreased to $1.4M. Net loss decreased to $1.6M. Company sold 135,167 shares of common stock. Reaffirms guidance for Q3 improvements. Reverse stock split. Conference call at 5:00pm ET today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.93%
Tags
earnings
-
News
Eastside Distilling, Inc. to Report Second Quarter 2023 Financial Results on Monday, August 14, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
conferences earnings
News
Eastside Distilling, Inc. Announces Positive Business and Financial Updates
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.09%
Tags
none
Stock EAST logo
EASTSIDE DISTILLING , INC.

Nasdaq:EAST

EAST Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

EAST Stock Data

1.64M
1.23M
10.06%
18.49%
1.1%
Wineries
Manufacturing
Link
United States of America
PORTLAND

About EAST

founded in 2008 by lenny gotter, eastside distilling has been producing high-quality, hand-crafted spirits in southeast portland’s distillery row since 2009. we believe that locally-produced spirits simply taste better, so all of our unique products are made right here in portland, oregon from natural ingredients in small batches for unparalleled quality and taste. eastside distilling introduced below deck rums, the first in a series fine and flavored rums in 2009, and has since launched several more award-winning spirits, including burnside bourbon and portland potato vodka, and our new cherry bomb whiskey. eastside also produces small batch and seasonal products like our holiday spiced liqueur and new pepermint bark and egg nog liqueurs. in addition to purchasing direct from us at our tasting room seven days a week, all of eastside distillling’s hand-crafted spirits can be found at better liquor stores in oregon and washington, and at bars and restaurants in the portland metro area a