Jammin Java Corp. provided earnings guidance for the second quarter ended October 31, 2015. For the quarter, revenue is anticipated to be $3.25 million, which is approximately a 14% increase year-over-year from the quarter ended October 31, 2014. This increase was driven by the expansion of the company's retail base and the launch of EcoCup. Net Revenue Net revenue is anticipated to be $2.9 million for the quarter ended October 31, 2015, which is an increase of 15% from the same period last year. Narrowing losses - Net losses are anticipated to come in at about $1.2 million or a 59% improvement from the same period a year prior. Net losses before interest, depreciation and stock compensation (non-cash expenses) are expected to be $666,200.

For the fourth quarter of fiscal 2016, the company expects revenue to be between approximately $3.5-$4 million.

For the full year of fiscal 2016, the company expects annual revenue to be $12.5 million to 13 million or approximately 32%-37% total year over year growth. Total revenue projections came in lower than the $15 million previously anticipated at the beginning of the fiscal year. This was primarily due to the late start of EcoCup shipments as well as a key new account not coming on board this fiscal year.