Reed's, Inc. (REED)

OTCMKTS · Delayed Price · Currency is USD
1.250
-0.010 (-0.79%)
Nov 13, 2024, 3:09 PM EST
-59.02%
Market Cap 10.30M
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 900
Open 1.220
Previous Close 1.260
Day's Range 1.200 - 1.250
52-Week Range 0.590 - 2.420
Beta 1.08
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

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...

5 hours ago - Benzinga

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

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

10 hours ago - GuruFocus

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

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

13 hours 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 days 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 days ago - GlobeNewsWire

REED Stock Surges 6.19% Amid Soft Drink Industry Momentum

REED Stock Surges 6.19% Amid Soft Drink Industry Momentum

9 days ago - GuruFocus

WHITEBOX ADVISORS LLC Acquires New Stake in Reed's Inc

WHITEBOX ADVISORS LLC Acquires New Stake in Reed's Inc

18 days ago - GuruFocus

REED Stock Plummets 5.43% Amid Soft Drink Industry Trends

REED Stock Plummets 5.43% Amid Soft Drink Industry Trends

4 weeks 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

7 weeks 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...

2 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...

2 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

3 months ago - GuruFocus

Q2 2024 Reed's Inc Earnings Call Transcript

Q2 2024 Reed's Inc Earnings Call Transcript

3 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...

3 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...

3 months 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 ...

3 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...

6 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...

6 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...

7 months ago - GlobeNewsWire

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

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

8 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...

8 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...

8 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...

1 year 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...

1 year ago - GlobeNewsWire