November 7, 2008
Jones Soda Q3 Net Revenue Down
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.