Jamba narrows losses in 1Q

Jamba narrows losses in 1Q

Analyst expects company to reach profitability this year

Jamba Inc. narrowed its losses during the first quarter, and an analyst predicted the company would reach solid profitability later this year.

“Our solid first-quarter results, which came in the face of very strong year-ago performance, demonstrate Jamba’s ongoing momentum with increased traffic, average check and operating margin improvement,” said Jamba Inc. chair, president and chief executive James White.

For the quarter ended April 2

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