Marley Coffee (JAMN) Posts Strong Fiscal 2014 Q2, FH
Jammin Java Corp., d/b/a Marley Coffee, a sustainably grown, ethically farmed and artisan-roasted gourmet coffee company, in the second quarter and six months ended July 31, 2013, trimmed its losses on higher sales, attributed to strong brand awareness and distribution. Revenue for second quarter fiscal 2014 increased 187 percent to $1.6 million, compared to revenue of $559,000 the second quarter of fiscal 2103. For the six-month period ended July 31, 2013, revenue increased 179 percent to $2.4 million compared with $869,000 in the year-ago six-month period. JAMN narrowed its quarterly net loss to $715,000, or $0.01 per share, compared with…