Jones Soda Co. Announces Second Quarter 2005 Financial Results
Topic 1Canadian Corporate NewswireJones Soda Co. Announces Second Quarter 2005 Financial ResultsJuly 28, 2005 ThursdaySEATTLE--(CCNMatthews - Jul 28, 2005) - Jones Soda Co. (OTC:JSDA)(TSX VENTURE:JSD)(the "Company" or "Jones"), today announced financial results for the second quarter ended June 30, 2005. Net sales for the second quarter of fiscal 2005 increased 20.5% to $8,984,808 compared to $7,458,022 for the second quarter of fiscal 2004. Net income for the quarter decreased to a loss of $160,433 versus net income of $554,312, a year ago, and diluted loss per share was $0.01 versus diluted earnings per share of $0.03 during the same period a year ago. For the six months ended June 30, 2005, net sales increased approximately 19.6% to $15,858,984 compared to $13,260,269 for the six months ended June 30, 2004. Net income for the six months ended June 30, 2005, decreased to a loss of $143,506, compared to net income of $841,369 a year ago, and diluted loss per share was $0.01 versus diluted earnings per share of $0.04 during the same period a year ago.(OTC:JSDA)
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