Reed's, Inc. (REED)

OTCMKTS · Delayed Price · Currency is USD
1.200
-0.010 (-0.83%)
Jan 30, 2025, 9:47 AM EST
-35.14%
Market Cap 54.45M
Revenue (ttm) 39.91M
Net Income (ttm) -15.64M
Shares Out 45.37M
EPS (ttm) -3.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,800
Average Volume 7,606
Open 1.200
Previous Close 1.210
Day's Range 1.200 - 1.200
52-Week Range 0.510 - 2.420
Beta 0.90
RSI 73.05
Earnings Date Mar 28, 2025

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

Reed's Announces Closing of $10.0 Million Private Placement

NORWALK, Conn., Jan. 06, 2025 (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...

24 days ago - Benzinga

Reed's Announces Closing of $10.0 Million Private Placement

NORWALK, Conn., Jan. 06, 2025 (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...

24 days ago - GlobeNewsWire

Reeds, Inc. (REED) Stock Experiences Sharp Decline

Reeds, Inc. (REED) Stock Experiences Sharp Decline

2 months ago - GuruFocus

Union Square Park Capital Management, LLC Acquires Significant Stake in Reed's Inc

Union Square Park Capital Management, LLC Acquires Significant Stake in Reed's Inc

2 months ago - GuruFocus

Reed's to Participate at the Sidoti Conference on December 4

NORWALK, Conn., Nov. 20, 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...

2 months ago - Benzinga

Reed's to Participate at the Sidoti Conference on December 4

NORWALK, Conn., Nov. 20, 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 announ...

2 months ago - GlobeNewsWire

Reed's Reports Third Quarter 2024 Results and Provides Business Update

Strengthened Liquidity Position with New $10 Million Credit Facility and Assumption of Secured Notes by the Company's Majority Stockholder

2 months ago - GlobeNewsWire

Reed's Earnings Preview

Reed's (NASDAQ: REED) will release its quarterly earnings report on Thursday, 2024-11-14. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Reed's to report an earn...

2 months ago - Benzinga

Earnings To Watch: Reed's Inc (REED) Reports Q3 2024 Result

Earnings To Watch: Reed's Inc (REED) Reports Q3 2024 Result

2 months ago - GuruFocus

Union Square Park Capital Management Adjusts Stake in Reed's Inc

Union Square Park Capital Management Adjusts Stake in Reed's Inc

2 months ago - GuruFocus

Reed's Schedules Third Quarter 2024 Conference Call for November 14 at 8:30 a.m. ET

NORWALK, Conn., Nov. 11, 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 - Benzinga

Reed's Schedules Third Quarter 2024 Conference Call for November 14 at 8:30 a.m. ET

NORWALK, Conn., Nov. 11, 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 Stock Surges 6.19% Amid Soft Drink Industry Momentum

REED Stock Surges 6.19% Amid Soft Drink Industry Momentum

3 months ago - GuruFocus

WHITEBOX ADVISORS LLC Acquires New Stake in Reed's Inc

WHITEBOX ADVISORS LLC Acquires New Stake in Reed's Inc

3 months ago - GuruFocus

REED Stock Plummets 5.43% Amid Soft Drink Industry Trends

REED Stock Plummets 5.43% Amid Soft Drink Industry Trends

4 months ago - GuruFocus

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

4 months 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...

4 months 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...

4 months 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 months ago - GuruFocus

Q2 2024 Reed's Inc Earnings Call Transcript

Q2 2024 Reed's Inc Earnings Call Transcript

6 months 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 months 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 months ago - GlobeNewsWire