Jones Soda (JSDA) has released an update.
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Jones Soda Co. has announced a significant 49% increase in revenue for the second quarter of 2024, reaching a high of $7.2 million, which is the best performance for the quarter since 2009. Despite a net loss of $1.6 million, the company is experiencing a rise in gross profit margin and is continuing to invest in product expansion and innovation, particularly in the cannabis infused beverage sector.
For further insights into JSDA stock, check out TipRanks’ Stock Analysis page.
