Eastside Distilling Stock News

Eastside Distilling, Inc. (EAST) delivered earnings and revenue surprises of 29.41% and 46.30%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stoc

Eastside Distilling, Inc. (NASDAQ:EAST ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Amy Brassard - Corporate Affairs Director and Corporate Secretary Geoffrey Gwin -

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET   PORTLAND, Ore. , April 7, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside

Eastside Distilling, Inc. (EAST) CEO Geoffrey Gwin on Q4 2021 Results - Earnings Call Transcript

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET   PORTLAND, Ore. , March 17, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastsid

Gainers Eastside Distilling (NASDAQ: EAST ) shares rose … Full story available on Benzinga.com

Gainers Marygold Companies (NYSE: MGLD ) shares surged 89.4% to close at $4.11 on Friday after dropping 21% on Thursday. TeraWulf Inc. (NASDAQ: WULF ) gained 49.3% to close at $9.51. Guardforce AI Co., Limited (NASDAQ: GFAI ) jumped 45% to settle at $0.7796 after the company agreed to acquire Shenzhen Keweien and Guangzhou Kewei for $10 million. Clearside Biomedical, Inc. (NASDAQ: CLSD ) rose 42.6% to settle at $1.9250 after the company reported better-than-expected Q4 results. Excellon Resources Inc. (NYSE: EXN ) rose 40.8% to close at $1.38 after jumping around 13% on Thursday. Solid Biosciences Inc. (NASDAQ: SLDB ) jumped 37.4% to settle at $1.06. Altamira Therapeutics Ltd. (NASDAQ: CYTO ) shares gained 36.7% to settle at $0.9449. Altamira Therapeutics reported in vitro efficacy data for bentrio nasal spray in protecting against Sars-CoV-2 omicron variant. 4D pharma plc (NASDAQ: LBPS ) shares surged 35.3% to settle at $3.99. Kala Pharmaceuticals, Inc. (NASDAQ: KALA ) gained 33.1% to close at $1.69.

Gainers Eastside Distilling (NASDAQ: EAST ) stock rose 18.8% to $1.06 during Friday''s regular session. As of 12:30 EST, this security is trading at a volume of 1.6 million shares, making up 2411.2% of its average full-day volume over the last 100 days. The company''s market cap stands at $16.8 million. Benson Hill (NYSE: BHIL ) shares rose 11.78% to $4.08. Benson Hill''s stock is trading at a volume of 674.7K shares as of 12:30 EST. This is 113.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $726.4 million. Blue Star Foods (NASDAQ: BSFC ) shares increased by 10.76% to $2.35. As of 12:30 EST, Blue Star Foods''s stock is trading at a volume of 2.2 million, which is 143.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $57.7 million. Barfresh Food Group (NASDAQ: BRFH ) shares moved upwards by 8.57% to $7.22. The company''s market cap stands at $93.0 million. As per the press …

Eastside Distilling, Inc.'s (EAST) CEO Geoffrey Gwin on Business Update Conference Call (Transcript)

PORTLAND, Ore., Feb. 9, 2022 /PRNewswire/ -- Eastside Distilling''s Craft Canning + Bottling, LLC ("Craft Canning"), the West Coast''s premier mobile packaging provider, has partnered with Canadian Canning Inc. to provide quality canning services from end to end. The new partnership

PORTLAND, Ore. , Feb. 1, 2022 /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 and ready-to-drink "RTD" craft cocktails, announced that it is the exclusive distilled and craft spirits partner for the 2022 Providence Cancer Institute Hood To Coast and Portland To Coast Relays. The 40th annual Hood To Coast, presented by Nike, will begin on August 26, 2022 and end on August 27, 2022 . In addition to the main relay events in August, Eastside Distilling will have a presence at all Hood To Coast Race Series events throughout the year, which includes the following one-day relays and road races: Leprechaun Dash ( March 19 ), Cape Lookout Relay ( April 30 ), Seabrook Relay ( June 4 ), Windy River Relay ( July 23 ), High Desert Relay ( October 1 ), and Turkey Trot ( November 23 ). "Eastside Distilling is excited to support the Mother of All Relays as a Sustainability Sponsor in addition to our Gold Level sponsorship," said Janet Oak , Chief Brand Officer . "We are proud to partner with a Certified B Corporation, and will …

Q3 2021 was a disappointment due to the softness in Craft Canning. Despite a 32% drop in sales, Eastside Distilling's losses are narrowing.

PORTLAND, Ore. , Nov. 15, 2021 /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 and ready-to-drink ("RTD") craft cocktails, reported third quarter 2021 financial results for the period ended September 30, 2021 . Third Quarter 2021 Highlights: Raised $4.3 million of cash during the quarter and $4.0 million subsequent to quarter-end; the proceeds will primarily be used to fund the 3-year growth initiatives Improved spirits gross profit over 50% despite challenging business environment Significant reduction in year over year operating costs and improved year over year EBITDA performance Signed a non-binding term sheet with a lending group for a 3 year $9.6 million ABL facility which is expected to close in December "The Company continues to improve on the most important critical measures like current ratio, net income, liquidity, shareholder equity, cash balance, debt maturity, spirits gross margin, operating expense, material sourcing, product pricing and cash balance.