Reed's, Inc. (REED)

OTCMKTS · Delayed Price · Currency is USD
1.390
+0.040 (2.96%)
Sep 26, 2024, 1:35 PM EDT
-59.24%
Market Cap 11.22M
Revenue (ttm) 45.02M
Net Income (ttm) -12.92M
Shares Out 8.19M
EPS (ttm) -3.09
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 310
Open 1.390
Previous Close 1.350
Day's Range 1.390 - 1.390
52-Week Range 1.000 - 2.420
Beta 1.07
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About Reed's

Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed’s craft ginger beer; Reed’s real ginger ales; Reed’s Classic Mules; Reed’s Hard Ginger Ale; Reed’s ready to drink products; and Virgil’s handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through www.drinkreed... [Read more]

Founded 1987
Employees 21
Stock Exchange OTCMKTS
Ticker Symbol REED
Full Company Profile

Financial Performance

In 2023, Reed's's revenue was $44.71 million, a decrease of -15.70% compared to the previous year's $53.04 million. Losses were -$15.53 million, -22.60% less than in 2022.

Financial Statements

News

Union Square Park Capital Management's Strategic Acquisition of Reed's Inc Shares

Union Square Park Capital Management's Strategic Acquisition of Reed's Inc Shares

2 days ago - GuruFocus

Reed's Announces Closing of $6.0 Million Financing

NORWALK, Conn., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) ("Reed's" or the "Company"), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today anno...

10 days ago - Benzinga

Reed's Announces Closing of $6.0 Million Financing

NORWALK, Conn., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today annou...

10 days ago - GlobeNewsWire

Reed's Inc (REED) Q2 2024 Earnings Call Transcript Highlights: Strong Sales Growth and Improved ...

Reed's Inc (REED) Q2 2024 Earnings Call Transcript Highlights: Strong Sales Growth and Improved Profitability

6 weeks ago - GuruFocus

Q2 2024 Reed's Inc Earnings Call Transcript

Q2 2024 Reed's Inc Earnings Call Transcript

6 weeks ago - GuruFocus

Reed's Non-GAAP EPS of -$0.16, revenue of $11.9M

Reed's reports second quarter 2024 results with 19.0% YoY revenue growth and positive outlook for full year with net sales, margin expansion, and...

6 weeks ago - Seeking Alpha

Reed's Reports Second Quarter 2024 Results

Double-Digit Net Sales Growth and Gross Margin Expansion Drive Lower Operating Loss and Positive Modified EBITDA Reiterates Full Year 2024 Financial Outlook NORWALK, Conn., Aug. 13, 2024 (GLOBE NEWSWI...

6 weeks ago - GlobeNewsWire

Reed's Schedules Second Quarter 2024 Conference Call for August 13 at 5:00 p.m. ET

NORWALK, Conn., July 30, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a ...

2 months ago - GlobeNewsWire

Reed's Unveils New Virgil's 12oz Can Format in Sprouts Farmers Market

NORWALK, Conn., May 29, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announc...

4 months ago - GlobeNewsWire

Reed's, Inc. (REED) Q1 2024 Earnings Call Transcript

Reed's, Inc. (OTCQX:REED) Q1 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Corporate Participants Norman Snyder - Chief Executive Officer Joann Tinnelly - Chief Financial Officer Conference Ca...

4 months ago - Seeking Alpha

Reed's Schedules First Quarter 2024 Conference Call for May 14 at 5:00 p.m. ET

NORWALK, Conn., April 30, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a...

5 months ago - GlobeNewsWire

Reed's, Inc. (REED) Q4 2023 Earnings Call Transcript

Reed's, Inc. (REED) Q4 2023 Earnings Call Transcript

6 months ago - Seeking Alpha

Reed's Reports Fourth Quarter and Full Year 2023 Results and Issues 2024 Financial Outlook

Sixth Consecutive Quarter of YoY Operating Expense and Profitability Improvements Execution of Optimization Initiatives Leads to Material Improvement in FY 2023 Operating Loss and Modified EBITDA NORW...

6 months ago - GlobeNewsWire

Reed's Schedules Fourth Quarter and Full Year 2023 Conference Call for March 28 at 5:00 p.m. ET

NORWALK, Conn., March 19, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a...

6 months ago - GlobeNewsWire

Reed's, Inc. (REED) Q3 2023 Earnings Call Transcript

Reed's, Inc. (OTCQX:REED) Q3 2023 Earnings Conference Call November 10, 2023 8:30 AM ET Company Participants Joann Tinnelly - CFO Norman Snyder - CEO Conference Call Participants Operator Good morning...

11 months ago - Seeking Alpha

Reed's Reports Third Quarter 2023 Results

Gross Margin Expansion and Continued Operating Expense Reductions Lead to First Quarter of Modified EBITDA Profitability Since 2016 and Operating Loss improvement to $0.1 million Gross Margin Expansio...

11 months ago - GlobeNewsWire

Reed's Schedules Third Quarter 2023 Conference Call for November 10 at 8:30 a.m. ET

NORWALK, Conn., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a ...

11 months ago - GlobeNewsWire

Reed's Appoints Joann Tinnelly as Chief Financial Officer

NORWALK, Conn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announ...

1 year ago - GlobeNewsWire

Reed's, Inc. (REED) Q2 2023 Earnings Call Transcript

Reed's, Inc. (OTCQX:REED) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Norman Snyder - CEO Joann Tinnelly - Interim CFO Conference Call Participants Sean McGowan - ...

1 year ago - Seeking Alpha

Reed's Reports Second Quarter 2023 Results

Fourth Consecutive Quarter of YoY Operating Expense and Profitability Improvements Reiterates Full Year 2023 Margin and Profitability Targets NORWALK, Conn., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Reed's, ...

1 year ago - GlobeNewsWire

Reed's Announces Partnership with Stockperks to Reward Retail Investors

Partnership will bring Reed's onto the Stockperks platform, enhancing shareholder engagement year-round and providing exclusive perks for Reed's retail investors Partnership will bring Reed's onto the...

1 year ago - GlobeNewsWire

Reed's Announces Local UK Copacker Partner to Accelerate Market Expansion

Somerset Cider Solutions will produce Virgil's in-market, resulting in a lower-cost model that will help Reed's drive UK market expansion Somerset Cider Solutions will produce Virgil's in-market, resu...

1 year ago - GlobeNewsWire

Reed's Appoints Shufen Deng to its Board of Directors

NORWALK, Conn., July 13, 2023 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, has appointe...

1 year ago - GlobeNewsWire

Reed's Expands its Distribution in Meijer

Market Presence grows with Reed's Ready-to-Drink Craft Mules and Reed's Hard Ginger Ale in over 180 stores. Market Presence grows with Reed's Ready-to-Drink Craft Mules and Reed's Hard Ginger Ale in o...

1 year ago - GlobeNewsWire