Eastside Distilling reaffirms Q2 positive EBITDA guidance

The Company reconfirmed its Q2 of positive EBITDA for its Craft division with a substantial reduction in the net operating loss for the division. Craft’s operating performance continues to improve, with May posting the highest monthly segment sales ever. The Company has digitally printed more than 15 million cans since its new Portland, Oregon location was opened last year. The Company is also updating Q2 guidance to state that its Spirits division is performing better than internal profit plans.