Eastside Distilling (NASDAQ:EAST) reported very positive Q4 and year-end 2018 financial results, boasting a 104% increase in gross sales in the fourth quarter.
EAST has an adjusted EBITDA of $5.57 million in 2018, compared to $3.37 million the previous year. The company also reported record gross sales of $7.2 million, which represents a 90% increase from 2017.
Branded Product Sales Major Boost for Eastside DistillingEastside Distilling reported increases across the board, growing its branded product shipments by 135% to 13,949 cases in Q4, with 47% of those shipments being driven by Redneck Riviera ...
Read The Full Article On MicroSmallCap.com
Get early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.
All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.