Jones Soda Co. Down 7.30% To $0.23 After Earnings

Jones Soda Co. (JSDA) said after close Thursday that it lost $0.02 per share in quarter four 2023. The company reported $3.5 million in revenue

In the same quarter a year ago, the company lost $0.02 per share on revenue of $3.7 million.

The stock is down 7.30% to $0.23 after the report.

The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Jones Soda Co. has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 86, putting Jones Soda Co. in the top 25% of stocks. The firm was recently trading at a 52-week high of $0.29 on February 20, 2024 and set a 52-week low on December 6, 2023 at $0.12.

Jones Soda Co develops, produces, markets and distributes premium beverages which the company sells and distributes in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The company's products are sold in grocery stores, convenience and gas stores, restaurants, and sandwich shops among others. Geographically, the firm generates a majority of its revenue from the United States.