Overview

* Jones Soda ( JSDA ) Q3 revenue grows 15% to $4.5 mln, driven by HD9 and Spiked Jones products

* Net loss for Q3 improves to $1.4 mln, reflecting disciplined cost management

* Adjusted EBITDA loss improves by 62% yr/yr, reflecting operational efficiency

Outlook

* Company expects Q4 gross sales to exceed $8 mln

* Jones Soda ( JSDA ) plans strategic partnerships and product launches to drive growth

* Company anticipates no material impact on HD9 sales from new legislation

Result Drivers

* DISTRIBUTION EXPANSION - Expanded into 3 additional club and DSD distribution networks, increasing total to 36

* COST REDUCTION - Consolidated MyJones and e-Commerce under one fulfillment partner, reducing costs and increasing efficiency

* NEW PRODUCT LAUNCHES - Launched Mary Jones ZERO and Fallout-themed product line, targeting health-conscious consumers and gaming fans

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net -$1.43

Income mln

Q3 -$858,00

Adjusted 0

EBITDA

Q3 Gross $1.30

Profit mln

Q3 -$1.43

Pretax mln

Profit

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)