Jones Soda (JSDA) Announcing Earnings After Market Close Today

Jones Soda (NASDAQ: JSDA) will release its Q3 earnings after market close today. The company has not met or exceeded analyst’s earnings estimates since early 2007.

Since that time the company has swung from rapid growth, marginal profitability, and investor enthusiasm, to constantly disappointing and a share price of around $0.75/share. In early 2007 the stock traded above $20 for a short time.

Over the past 2 years the company has suffered from a tarnishing of the brand, reduced sales through cancelled distribution agreements, and substantial losses.

Jones Soda included a 'going concern' qualifier in its last earnings report, which is a big red flag for investment.

Still, the company has been cutting costs, terminating expensive deals, and focusing on its core brand. If the company can meet or exceed the estimates of -$.06/share on $6.8M in revenue one might see some investors come back.

Jones is currently down 1% to $0.73/share on light volume.