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Jones Soda Q3 Net Revenue Down

November 7, 2008

Jones Soda has announced that its net revenue for the third quarter of 2008 was $8.7 million, compared to $11.7 million in the third quarter of 2007.

For the third quarter of 2008, the company has reported a net loss of $5.3 million or $0.20 per diluted share, compared to net loss of $1.5 million or $0.06 per diluted share in the third quarter of 2007. Gross revenues decreased 25.4% to $9.7 million, compared to $13 million in the same period of 2007.

For the first nine months of 2008, the net revenue was $29.79 million, compared to $33.93 million in the same period of 2007. The company has reported a net loss of $11.85 million, compared to $1.42 million in the first nine months of 2007.




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