Eastside Distilling

Eastside Distilling, Inc. engages in the manufacture and marketing of hand-crafted spirits. Its products include bourbon, American whiskey, vodka, and rum. The company was founded by Lenny Gotter on February 11, 2008 and is headquartered in Portland, OR.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Eastside Distilling reports solid Q2 performance amidst margin challenges

Eastside Distilling's Q2 2024 earnings call showcased strong sales growth, improved gross margins, and progress towards positive cash flow. While facing challenges in certain segments, the company is actively working on cost reduction and operational efficiency to drive profitability and sustainability.

Eastside Distilling reports positive Q3 results amidst brand challenges

Eastside Distilling's Q3 2024 performance showcased strong vodka sales, positive EBITDA in the spirits division, and challenges with the Azuña tequila brand. The company raised $440,000 through a direct equity placement, positioning itself for future growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Eastside Distilling, Inc. (NASDAQ:EAST ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conference Call Participants Operator Good evening, and welcome to the Eastside Distilling Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

Eastside Distilling, Inc. (EAST) Q3 2024 Earnings Call Transcript

Company to Host Conference Call at 5:00 pm ET Thursday November 14, 2024 PORTLAND, Ore. and PROVIDENCE, R.I.

Eastside Distilling Reports Third Quarter 2024 Financial Results

Beeline is well-positioned with its AI platform in an improving mortgage market Beeline is addressing the Mortgage Needs of 100M Millennials and Gen Z PORTLAND, Ore. and PROVIDENCE, R.I.

Eastside Distilling, Inc. Provides Update on its Merger with Beeline Financial Holdings, Inc.

Eastside Distilling, Inc. to Report 2024 Third Quarter Results on Thursday, November 14, 2024

Accelerated closing timeline underscores significant market opportunity for Beeline in connection with anticipated additional Fed rate cuts and increasing mortgage application volumes Simultaneously completes previously announced debt for equity exchange to strengthen balance sheet and sale of Craft Canning + Printing Well-known mortgage industry veterans to join Company's Board of Directors PORTLAND, Ore. and PROVIDENCE, R.I.

Eastside Distilling, Inc. Announces Closing of its Merger with AI Powered Beeline Financial Holdings, Inc.

PORTLAND, Ore. , Sept. 6, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (Nasdaq: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, announced today the closing of its previously announced registered direct offering for the sale and issuance of 442,042 shares of the Company's common stock (or pre-funded warrants in lieu thereof) to a single institutional investor at a purchase price of $1.00 per share or $0.9999 per pre-funded warrant.

Eastside Distilling Announces Closing of $0.4 Million Registered Direct Offering, Priced at a Premium to Market Under Nasdaq Rules

PORTLAND, Ore., Sept. 5, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (Nasdaq: EAST) ("Eastside"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, announced today the pricing of a registered direct offering for the sale and issuance of 442,042 shares of the Company's common stock (or pre-funded warrants in lieu thereof) to a single institutional investor at a unit purchase price of $1.00.

Eastside Distilling Announces $0.4 Million Registered Direct Offering, Priced at a Premium to Market Under Nasdaq Rules

The transaction underscores Eastside's commitment to deliver value to its shareholders by entering the rapidly changing Mortgage Origination & Technology sector and to also enhance the Spirits' portfolio through increased scale & collaboration leveraging Beeline's consumer intelligence tools.  PORTLAND, Ore.

Eastside Distilling, Inc. to Merge with Beeline Financial Holdings Inc., Marking Strategic Expansion into FinTech Mortgage Services

Eastside Distilling, Inc. (EAST) came out with a quarterly loss of $0.87 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $1.96 per share a year ago.

Eastside Distilling, Inc. (EAST) Reports Q2 Loss, Tops Revenue Estimates

Eastside Distilling, Inc. (NASDAQ:EAST ) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conference Call Participants Operator Good day, and welcome to the Eastside Distilling Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note, today's event is being recorded.

Eastside Distilling, Inc. (EAST) Q2 2024 Earnings Call Transcript

Company to Host Conference Call at 5:00 pm ET Wednesday August 14, 2024 PORTLAND, Ore. , Aug. 14, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisanal products around premium spirits, digital can printing, co-packing and mobile filling, reported second quarter financial results for the period ended June 30, 2024.

Eastside Distilling Reports Second Quarter 2024 Financial Results

PORTLAND, Ore. , Aug. 5, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, will report its second quarter financial results after the market close on Wednesday August 14, 2024.

Eastside Distilling, Inc. to Report 2024 Second Quarter Results on Wednesday August 14, 2024

Eastside Distilling, Inc. (NASDAQ:EAST ) Q1 2024 Earnings Call Transcript May 13, 2024 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conor Kilkenny - Craft CFO Conference Call Participants Sean McGowan - ROTH MKM Matthew Campbell - Laridae Capital Operator Good evening, and welcome to the Eastside Distilling First Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.

Eastside Distilling, Inc. (EAST) Q1 2024 Earnings Call Transcript

Company to Host Conference Call at 5:00 pm ET Monday May 13, 2024 PORTLAND, Oregon , May 13, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisanal products around premium spirits, digital can printing, co-packing and mobile filling, reported first quarter financial results for the period ended March 31, 2024. First Quarter 2024 Highlights: Craft digitally printed a quarter-record 4.8 million cans representing a +320% increase over the prior year Both operating segments made improvements in the quarter over the prior year excluding barrel sales at Spirits Company decreased operating costs over $0.6 million Financial Results Gross sales for the three months ending March 31, 2024 decreased to $2.5 million from $2.9 million for the three months ending March 31, 2023.

Eastside Distilling Reports First Quarter 2024 Financial Results

PORTLAND, Ore. , May 2, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, will report its first quarter financial results after the market close on Monday, May 13, 2024.

Eastside Distilling, Inc. to Report 2024 First Quarter Results on Monday, May 13, 2024

Eastside Distilling, Inc. (NASDAQ:EAST ) Q4 2023 Results Conference Call April 2, 2024 8:30 AM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conference Call Participants Matthew Campbell - Laridae Capital Operator Good day, and welcome to the Eastside Distilling Reports Fourth Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

Eastside Distilling, Inc. (EAST) Q4 2023 Earnings Call Transcript

Company to Host Conference Call at 8:30 am ET Tuesday, April 2, 2024 PORTLAND, Ore. , April 1, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisanal products around premium spirits, digital can printing, co-packing and mobile filling, reported fourth quarter and year end financial results for the period ended December 31, 2023.

Eastside Distilling Reports Fourth Quarter 2023 Financial Results

PORTLAND, Ore. , March 27, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, will report its financial year end results after the market close on Monday, April 1, 2024.

Eastside Distilling, Inc. to Report 2023 Fiscal Year Results on Monday, April 1, 2024

PORTLAND, Ore. , March 11, 2024 /PRNewswire/ -- A consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, announced today that CEO Geoffrey Gwin will attend the 36th Annual Roth Conference that takes place on March 17-19, 2024, in Laguna Niguel, California.

Eastside Distilling to Attend the 36th Annual Roth Conference March 17-19, 2024 and schedules 4th Quarter Earnings Call

Eastside Distilling, Inc. (NASDAQ:EAST ) Q3 2023 Earnings Call Transcript November 14, 2023 10:00 AM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - Chief Executive Officer Conference Call Participants Matthew Campbell - Laridae Capital Operator Good afternoon, and welcome to the Eastside Distilling Third Quarter 2023 Financial Results Conference Call. All participants will be in listen-only mode.

Eastside Distilling, Inc. (EAST) Q3 2023 Earnings Call Transcript

Company to Host Conference Call at 5:00 pm ET Today PORTLAND, Ore. , Nov. 14, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisanal products around premium spirits, digital can printing, co-packing and mobile filling, reported third quarter 2023 financial results for the period ended September 30, 2023.

Eastside Distilling Reports Third Quarter 2023 Financial Results

PORTLAND, Ore. , Nov. 6, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, will report its third quarter financial results after the market close on Tuesday, November 14, 2023.

Eastside Distilling, Inc. to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023

Eastside Distilling, Inc. (EAST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Eastside Distilling, Inc. (EAST) Report Negative Q3 Earnings? What You Should Know

PORTLAND, Ore. , Oct. 2, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, recently announced the successful completion of a debt-for-equity exchange with key first and second lien debt holders.

Eastside Distilling Announces Completion of Debt-for-Equity Exchange

Dollar Tree

Farmer Bros.

Coffee Holding

Rite Aid

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

News for Eastside Distilling Stock (EAST)