Reed's Key Executives
This section highlights Reed's's key executives, including their titles and compensation details.
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Reed's Earnings
This section highlights Reed's's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-26 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-14 | $-0.20 | $-1.09 |
| Read Transcript | Q2 | 2024 | 2024-08-13 | $-0.15 | $-0.44 |
| Read Transcript | Q1 | 2024 | 2024-05-14 | $-0.39 | $-0.40 |
| Read Transcript | Q4 | 2023 | 2024-03-28 | $-0.31 | $-1.25 |
| Read Transcript | Q3 | 2023 | 2023-11-10 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-10 | $-1.32 | $-0.99 |
| Read Transcript | Q1 | 2023 | 2023-06-01 | $-1.02 | $-1.70 |
Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. 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 through distributors and independent distributor partners, as well as direct to store distribution. It also exports its products to France, the United Kingdom, South Africa, the Caribbean, Canada, Spain, the Philippines, Israel, Australia, Asia, rest of Europe, and South America. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
$1.84
Stock Price
$83.48M
Market Cap
24
Employees
Norwalk, CT
Location
Financial Statements
Access annual & quarterly financial statements for Reed's, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $37.95M | $44.71M | $53.04M | $49.60M | $41.62M |
| Cost of Revenue | $26.58M | $35.00M | $40.93M | $36.00M | $28.85M |
| Gross Profit | $11.38M | $9.71M | $12.11M | $13.60M | $12.77M |
| Gross Profit Ratio | 29.97% | 21.72% | 22.84% | 27.42% | 30.68% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $9.11M | $6.12M | $7.19M | $7.96M | $7.02M |
| Selling and Marketing Expenses | $4.41M | $12.43M | $18.92M | $21.60M | $14.36M |
| Selling General and Administrative Expenses | $13.51M | $18.54M | $26.11M | $29.57M | $21.38M |
| Other Expenses | $5.98M | $585.00K | $12.14M | $11.94M | $6.86M |
| Operating Expenses | $19.49M | $19.13M | $26.11M | $29.57M | $21.38M |
| Cost and Expenses | $46.07M | $54.13M | $67.04M | $65.57M | $50.23M |
| Interest Income | $- | $- | $- | $- | $- |
| Interest Expense | $5.48M | $6.11M | $5.22M | $1.20M | $1.31M |
| Depreciation and Amortization | $125.00K | $142.00K | $225.00K | $243.00K | $204.00K |
| EBITDA | $-7.55M | $-9.28M | $-14.73M | $-14.96M | $-8.67M |
| EBITDA Ratio | -19.88% | -20.74% | -27.76% | -30.16% | -20.82% |
| Operating Income | $-8.12M | $-9.42M | $-13.99M | $-15.97M | $-8.62M |
| Operating Income Ratio | -21.38% | -21.06% | -26.39% | -32.20% | -20.70% |
| Total Other Income Expenses Net | $-5.04M | $-6.11M | $-5.22M | $-431.00K | $-1.56M |
| Income Before Tax | $-13.16M | $-15.52M | $-19.22M | $-16.40M | $-10.18M |
| Income Before Tax Ratio | -34.67% | -34.72% | -36.23% | -33.07% | -24.46% |
| Income Tax Expense | $- | $- | $-108.00K | $1.20M | $1.31M |
| Net Income | $-13.16M | $-15.52M | $-19.11M | $-17.60M | $-11.48M |
| Net Income Ratio | -34.67% | -34.72% | -36.03% | -35.49% | -27.60% |
| EPS | $-1.64 | $-4.39 | $-9.46 | $-9.65 | $-9.47 |
| EPS Diluted | $-1.64 | $-4.39 | $-9.46 | $-9.65 | $-9.47 |
| Weighted Average Shares Outstanding | 8.04M | 3.54M | 2.02M | 1.82M | 1.21M |
| Weighted Average Shares Outstanding Diluted | 8.04M | 3.54M | 2.02M | 1.82M | 1.21M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.73M | $6.75M | $11.87M | $9.60M | $11.69M | $11.86M | $10.01M | $11.16M | $15.04M | $12.09M | $13.72M | $12.18M | $12.78M | $13.40M | $11.27M | $12.15M | $10.68M | $10.56M | $10.85M | $9.52M |
| Cost of Revenue | $6.82M | $5.54M | $8.04M | $6.18M | $11.22M | $7.82M | $7.50M | $8.46M | $11.59M | $9.66M | $10.43M | $9.25M | $10.18M | $9.53M | $8.00M | $8.29M | $7.16M | $7.18M | $7.87M | $6.65M |
| Gross Profit | $2.92M | $1.22M | $3.83M | $3.41M | $472.00K | $4.03M | $2.51M | $2.70M | $3.45M | $2.44M | $3.30M | $2.93M | $2.60M | $3.87M | $3.27M | $3.85M | $3.52M | $3.39M | $2.99M | $2.87M |
| Gross Profit Ratio | 29.97% | 17.99% | 32.26% | 35.57% | 4.04% | 34.02% | 25.08% | 24.18% | 22.91% | 20.13% | 24.04% | 24.07% | 20.37% | 28.89% | 29.01% | 31.72% | 32.99% | 32.06% | 27.53% | 30.14% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $3.87M | $1.79M | $1.98M | $1.47M | $1.69M | $1.41M | $1.31M | $1.71M | $1.87M | $1.42M | $1.78M | $2.12M | $1.74M | $1.79M | $1.84M | $2.60M | $2.15M | $1.58M | $1.35M | $1.93M |
| Selling and Marketing Expenses | $932.00K | $2.56M | $2.52M | $1.09M | $3.15M | $861.00K | $2.94M | $3.57M | $4.40M | $3.47M | $6.06M | $4.99M | $5.22M | $5.74M | $5.14M | $5.50M | $4.03M | $4.08M | $3.06M | $3.19M |
| Selling General and Administrative Expenses | $4.80M | $4.35M | $4.50M | $2.56M | $4.84M | $2.27M | $4.26M | $5.28M | $6.27M | $4.89M | $7.83M | $7.11M | $6.96M | $7.53M | $6.98M | $8.10M | $6.18M | $5.66M | $4.41M | $5.12M |
| Other Expenses | $1.77M | $- | $- | $1.50M | $4.60M | $1.91M | $1.69M | $2.12M | $2.08M | $2.25M | $3.83M | $2.81M | $11.94M | $3.09M | $2.51M | $3.29M | $6.86M | $2.21M | $1.49M | $- |
| Operating Expenses | $6.58M | $4.35M | $4.50M | $4.06M | $5.42M | $4.18M | $4.26M | $5.28M | $6.27M | $4.89M | $7.83M | $7.11M | $6.96M | $7.53M | $6.98M | $8.10M | $6.18M | $5.66M | $4.41M | $5.12M |
| Cost and Expenses | $13.39M | $9.89M | $12.54M | $10.24M | $16.64M | $12.00M | $11.75M | $13.73M | $17.87M | $14.55M | $18.26M | $16.36M | $17.14M | $17.05M | $14.98M | $16.40M | $13.33M | $12.84M | $12.28M | $11.77M |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $903.00K | $2.40M | $1.15M | $1.02M | $1.65M | $1.29M | $1.39M | $1.78M | $3.10M | $777.00K | $541.00K | $801.00K | $509.00K | $234.00K | $202.00K | $256.00K | $346.00K | $322.00K | $303.00K | $336.00K |
| Depreciation and Amortization | $37.00K | $72.00K | $29.00K | $68.00K | $67.00K | $68.00K | $67.00K | $47.00K | $225.00K | $58.00K | $55.00K | $52.00K | $63.00K | $63.00K | $37.00K | $32.00K | $59.00K | $59.00K | $37.00K | $49.00K |
| EBITDA | $-3.18M | $-1.67M | $-1.99M | $-582.00K | $-4.88M | $-110.00K | $-1.68M | $-2.53M | $-2.60M | $-2.40M | $-4.51M | $-4.13M | $-4.29M | $-3.62M | $-2.88M | $-4.22M | $-2.85M | $-2.21M | $-1.41M | $-2.19M |
| EBITDA Ratio | -32.64% | -24.78% | -16.78% | -6.07% | -41.75% | -0.93% | -16.79% | -22.69% | -17.29% | -19.81% | -32.86% | -33.88% | -33.60% | -26.98% | -25.54% | -34.74% | -26.71% | -20.91% | -12.99% | -23.05% |
| Operating Income | $-3.66M | $-3.14M | $-669.00K | $-650.00K | $-4.95M | $-143.00K | $-1.75M | $-2.58M | $-2.83M | $-2.45M | $-4.54M | $-4.18M | $-4.36M | $-3.65M | $-3.71M | $-4.25M | $-2.66M | $-2.28M | $-1.43M | $-2.25M |
| Operating Income Ratio | -37.59% | -46.48% | -5.63% | -6.77% | -42.32% | -1.21% | -17.46% | -23.11% | -18.79% | -20.29% | -33.05% | -34.30% | -34.09% | -27.26% | -32.91% | -35.00% | -24.88% | -21.55% | -13.21% | -23.63% |
| Total Other Income Expenses Net | $-458.00K | $-1.01M | $-2.54M | $-1.02M | $-1.65M | $-1.29M | $-1.39M | $-1.78M | $-3.11M | $-777.00K | $-541.00K | $-801.00K | $-509.00K | $-234.00K | $568.00K | $-256.00K | $-601.00K | $-314.00K | $-316.00K | $-330.00K |
| Income Before Tax | $-4.12M | $-4.15M | $-3.21M | $-1.67M | $-6.60M | $-1.44M | $-3.13M | $-4.36M | $-5.93M | $-3.23M | $-5.08M | $-4.98M | $-4.87M | $-3.89M | $-3.14M | $-4.51M | $-3.26M | $-2.59M | $-1.75M | $-2.58M |
| Income Before Tax Ratio | -42.30% | -61.46% | -27.05% | -17.44% | -56.41% | -12.11% | -31.32% | -39.05% | -39.43% | -26.72% | -36.99% | -40.88% | -38.07% | -29.00% | -27.87% | -37.11% | -30.50% | -24.52% | -16.12% | -27.09% |
| Income Tax Expense | $- | $- | $- | $-29.00K | $-1.75M | $-33.00K | $-90.08K | $1.78M | $-29.00K | $777.00K | $546.00K | $801.00K | $509.00K | $- | $202.00K | $24.00K | $346.00K | $263.00K | $303.00K | $336.00K |
| Net Income | $-4.12M | $-4.15M | $-3.21M | $-1.67M | $-6.60M | $-1.44M | $-3.13M | $-6.14M | $-5.90M | $-4.01M | $-5.62M | $-5.78M | $-4.87M | $-3.89M | $-3.14M | $-4.51M | $-3.26M | $-2.59M | $-1.75M | $-2.58M |
| Net Income Ratio | -42.30% | -61.46% | -27.05% | -17.44% | -56.41% | -12.11% | -31.32% | -55.00% | -39.24% | -33.14% | -40.97% | -47.46% | -38.07% | -29.00% | -27.87% | -37.11% | -30.50% | -24.52% | -16.12% | -27.09% |
| EPS | $-0.28 | $-0.82 | $-0.77 | $-0.40 | $-1.86 | $-0.34 | $-0.99 | $-2.40 | $-2.48 | $-1.78 | $-2.50 | $-2.97 | $-2.60 | $-2.08 | $-1.73 | $-2.60 | $-2.26 | $-2.06 | $-1.47 | $-2.71 |
| EPS Diluted | $-0.28 | $-0.82 | $-0.77 | $-0.40 | $-1.86 | $-0.34 | $-0.99 | $-2.40 | $-2.48 | $-1.78 | $-2.50 | $-2.97 | $-2.60 | $-2.08 | $-1.73 | $-2.60 | $-2.26 | $-2.06 | $-1.47 | $-2.71 |
| Weighted Average Shares Outstanding | 14.61M | 5.07M | 4.19M | 4.19M | 3.54M | 4.17M | 3.18M | 2.56M | 2.38M | 2.25M | 2.25M | 1.95M | 1.87M | 1.87M | 1.82M | 1.73M | 1.44M | 1.26M | 1.19M | 951.90K |
| Weighted Average Shares Outstanding Diluted | 14.61M | 5.07M | 4.19M | 4.19M | 3.54M | 4.17M | 3.18M | 2.56M | 2.38M | 2.25M | 2.25M | 1.95M | 1.87M | 1.87M | 1.82M | 1.73M | 1.44M | 1.26M | 1.19M | 951.90K |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $10.39M | $603.00K | $533.00K | $49.00K | $595.00K |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $10.39M | $603.00K | $533.00K | $49.00K | $595.00K |
| Net Receivables | $3.98M | $5.05M | $5.67M | $6.12M | $5.40M |
| Inventory | $8.11M | $11.30M | $16.18M | $17.05M | $11.12M |
| Other Current Assets | $827.00K | $811.00K | $1.84M | $1.49M | $1.34M |
| Total Current Assets | $23.31M | $17.76M | $24.93M | $24.70M | $18.45M |
| Property Plant Equipment Net | $1.19M | $493.00K | $766.00K | $992.00K | $920.00K |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $644.00K | $629.00K | $626.00K | $624.00K | $615.00K |
| Goodwill and Intangible Assets | $644.00K | $629.00K | $626.00K | $624.00K | $615.00K |
| Long Term Investments | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $- | $- | $67.00K |
| Total Non-Current Assets | $1.83M | $1.12M | $1.39M | $1.62M | $1.60M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $25.14M | $18.88M | $26.32M | $26.32M | $20.06M |
| Account Payables | $6.96M | $9.13M | $9.80M | $10.43M | $6.75M |
| Short Term Debt | $- | $16.91M | $13.78M | $10.55M | $729.00K |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $10.70M | $1.15M | $2.07M | $739.00K | $1.45M |
| Total Current Liabilities | $17.66M | $27.19M | $25.66M | $21.72M | $8.93M |
| Long Term Debt | $837.00K | $10.87M | $8.30M | $394.00K | $726.00K |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $837.00K | $10.87M | $8.30M | $394.00K | $726.00K |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $18.49M | $38.06M | $33.96M | $22.12M | $9.65M |
| Preferred Stock | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K |
| Common Stock | $3.00K | $- | $- | $9.00K | $9.00K |
| Retained Earnings | $-151.88M | $-138.73M | $-122.36M | $-103.14M | $-86.73M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $158.44M | $119.45M | $114.64M | $107.24M | $97.03M |
| Total Stockholders Equity | $6.65M | $-19.18M | $-7.63M | $4.20M | $10.40M |
| Total Equity | $6.65M | $-19.18M | $-7.63M | $4.20M | $10.40M |
| Total Liabilities and Stockholders Equity | $25.14M | $18.88M | $26.32M | $26.32M | $20.06M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $25.14M | $18.88M | $26.32M | $26.32M | $20.06M |
| Total Investments | $- | $- | $- | $- | $- |
| Total Debt | $837.00K | $27.58M | $21.89M | $10.78M | $1.46M |
| Net Debt | $-9.55M | $26.97M | $21.36M | $10.73M | $860.00K |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $10.39M | $306.00K | $326.00K | $314.00K | $603.00K | $1.00M | $447.00K | $467.00K | $533.00K | $25.00K | $280.00K | $122.00K | $49.00K | $941.00K | $654.00K | $155.00K | $595.00K | $875.00K | $1.11M | $28.00K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $10.39M | $306.00K | $326.00K | $314.00K | $603.00K | $1.00M | $447.00K | $467.00K | $533.00K | $25.00K | $280.00K | $122.00K | $49.00K | $941.00K | $654.00K | $155.00K | $595.00K | $875.00K | $1.11M | $28.00K |
| Net Receivables | $3.98M | $2.77M | $5.56M | $3.52M | $5.05M | $6.04M | $4.51M | $5.44M | $5.67M | $7.51M | $8.70M | $6.30M | $6.12M | $7.77M | $5.28M | $5.73M | $5.40M | $5.04M | $5.53M | $4.25M |
| Inventory | $8.11M | $9.25M | $10.22M | $12.02M | $11.30M | $15.96M | $13.69M | $15.30M | $16.18M | $19.92M | $24.19M | $20.85M | $17.05M | $15.51M | $13.70M | $12.45M | $11.12M | $9.44M | $8.41M | $7.99M |
| Other Current Assets | $827.00K | $1.74M | $1.62M | $2.33M | $811.00K | $489.00K | $880.00K | $601.00K | $1.84M | $1.39M | $1.44M | $1.56M | $1.49M | $2.00M | $1.99M | $2.11M | $1.34M | $704.00K | $939.00K | $911.00K |
| Total Current Assets | $23.31M | $14.06M | $17.73M | $18.18M | $17.76M | $23.50M | $19.53M | $21.81M | $24.93M | $28.84M | $34.62M | $28.83M | $24.70M | $26.22M | $21.62M | $20.44M | $18.45M | $16.05M | $15.99M | $13.18M |
| Property Plant Equipment Net | $1.19M | $335.00K | $384.00K | $441.00K | $493.00K | $559.00K | $543.00K | $686.00K | $766.00K | $826.00K | $885.00K | $940.00K | $992.00K | $824.00K | $886.00K | $949.00K | $920.00K | $984.00K | $1.02M | $1.03M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $644.00K | $636.00K | $635.00K | $631.00K | $629.00K | $627.00K | $627.00K | $626.00K | $626.00K | $626.00K | $624.00K | $624.00K | $624.00K | $621.00K | $621.00K | $617.00K | $615.00K | $613.00K | $590.00K | $576.00K |
| Goodwill and Intangible Assets | $644.00K | $636.00K | $635.00K | $631.00K | $629.00K | $627.00K | $627.00K | $626.00K | $626.00K | $626.00K | $624.00K | $624.00K | $624.00K | $621.00K | $621.00K | $617.00K | $615.00K | $613.00K | $590.00K | $576.00K |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $67.00K | $67.00K | $67.00K | $67.00K | $67.00K | $67.00K | $67.00K |
| Total Non-Current Assets | $1.83M | $971.00K | $1.02M | $1.07M | $1.12M | $1.19M | $1.17M | $1.31M | $1.39M | $1.45M | $1.51M | $1.56M | $1.62M | $1.51M | $1.57M | $1.63M | $1.60M | $1.66M | $1.68M | $1.67M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $25.14M | $15.03M | $18.75M | $19.25M | $18.88M | $24.69M | $20.70M | $23.12M | $26.32M | $30.30M | $36.13M | $30.39M | $26.32M | $27.73M | $23.20M | $22.08M | $20.06M | $17.72M | $17.67M | $14.85M |
| Account Payables | $6.96M | $8.31M | $8.43M | $8.48M | $9.13M | $9.07M | $7.20M | $11.16M | $9.80M | $9.57M | $12.68M | $16.36M | $10.43M | $8.87M | $6.54M | $8.13M | $6.75M | $5.44M | $5.13M | $4.50M |
| Short Term Debt | $- | $27.23M | $27.62M | $15.34M | $16.91M | $17.50M | $14.21M | $13.47M | $13.78M | $13.88M | $13.23M | $7.81M | $10.55M | $8.56M | $3.24M | $5.13M | $729.00K | $9.98M | $8.05M | $4.88M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-10.23M | $- | $- | $- | $-130.00K | $-114.00K | $-89.00K | $-95.00K |
| Other Current Liabilities | $10.70M | $1.44M | $1.06M | $1.20M | $1.15M | $1.12M | $1.71M | $2.13M | $2.07M | $1.86M | $1.89M | $1.26M | $739.00K | $1.68M | $1.37M | $1.48M | $1.45M | $835.00K | $555.00K | $624.00K |
| Total Current Liabilities | $17.66M | $36.99M | $37.10M | $25.02M | $27.19M | $27.68M | $23.11M | $26.76M | $25.66M | $25.31M | $27.80M | $25.43M | $21.72M | $19.12M | $11.15M | $14.74M | $8.93M | $16.26M | $13.73M | $10.00M |
| Long Term Debt | $837.00K | $- | $- | $10.85M | $10.87M | $9.77M | $9.05M | $8.68M | $8.30M | $8.42M | $8.74M | $350.00K | $394.00K | $437.00K | $478.00K | $561.00K | $726.00K | $892.00K | $1.06M | $4.06M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $5.49M | $4.10M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $7.00K | $15.00K | $1.43M |
| Total Non-Current Liabilities | $837.00K | $- | $5.49M | $14.95M | $10.87M | $9.77M | $9.05M | $8.68M | $8.30M | $8.42M | $8.74M | $350.00K | $394.00K | $437.00K | $478.00K | $561.00K | $726.00K | $899.00K | $1.07M | $5.50M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $18.49M | $36.99M | $42.59M | $39.98M | $38.06M | $37.45M | $32.16M | $35.45M | $33.96M | $33.73M | $36.55M | $25.77M | $22.12M | $19.56M | $11.63M | $15.31M | $9.65M | $17.16M | $14.80M | $15.50M |
| Preferred Stock | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K |
| Common Stock | $3.00K | $1.00K | $- | $- | $- | $- | $- | $- | $- | $11.00K | $11.00K | $11.00K | $9.00K | $9.00K | $9.00K | $9.00K | $9.00K | $6.00K | $6.00K | $5.00K |
| Retained Earnings | $-151.88M | $-147.77M | $-143.62M | $-140.40M | $-138.73M | $-132.13M | $-130.69M | $-127.56M | $-122.36M | $-116.43M | $-113.20M | $-108.12M | $-103.14M | $-98.27M | $-94.38M | $-91.24M | $-86.73M | $-83.47M | $-80.88M | $-79.13M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-94.00K | $- | $- | $-379.00K | $- | $-316.00K | $-501.00K | $-520.00K |
| Other Total Stockholders Equity | $158.44M | $125.72M | $119.67M | $119.58M | $119.45M | $119.28M | $119.14M | $115.14M | $114.64M | $112.89M | $112.67M | $112.63M | $107.24M | $106.34M | $105.85M | $97.90M | $97.03M | $83.65M | $83.36M | $78.38M |
| Total Stockholders Equity | $6.65M | $-21.95M | $-23.85M | $-20.73M | $-19.18M | $-12.76M | $-11.46M | $-12.32M | $-7.63M | $-3.44M | $-419.00K | $4.62M | $4.20M | $8.18M | $11.57M | $6.77M | $10.40M | $558.00K | $2.87M | $-653.00K |
| Total Equity | $6.65M | $-21.95M | $-23.85M | $-20.73M | $-19.18M | $-12.76M | $-11.46M | $-12.32M | $-7.63M | $-3.44M | $-419.00K | $4.62M | $4.20M | $8.18M | $11.57M | $6.77M | $10.40M | $558.00K | $2.87M | $-653.00K |
| Total Liabilities and Stockholders Equity | $25.14M | $15.03M | $18.75M | $19.25M | $18.88M | $24.69M | $20.70M | $23.12M | $26.32M | $30.30M | $36.13M | $30.39M | $26.32M | $27.73M | $23.20M | $22.08M | $20.06M | $17.72M | $17.67M | $14.85M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $25.14M | $15.03M | $18.75M | $19.25M | $18.88M | $24.69M | $20.70M | $23.12M | $26.32M | $30.30M | $36.13M | $30.39M | $26.32M | $27.73M | $23.20M | $22.08M | $20.06M | $17.72M | $17.67M | $14.85M |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $837.00K | $27.19M | $27.51M | $26.19M | $27.58M | $27.05M | $23.05M | $21.95M | $21.89M | $22.12M | $21.80M | $7.99M | $10.78M | $8.85M | $3.57M | $5.69M | $1.46M | $10.88M | $9.10M | $10.37M |
| Net Debt | $-9.55M | $26.88M | $27.19M | $25.88M | $26.97M | $26.05M | $22.60M | $21.49M | $21.36M | $22.09M | $21.52M | $7.87M | $10.73M | $7.91M | $2.91M | $5.53M | $860.00K | $10.00M | $7.99M | $10.35M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-13.15M | $-15.52M | $-19.22M | $-16.40M | $-10.18M |
| Depreciation and Amortization | $125.00K | $142.00K | $108.00K | $143.00K | $204.00K |
| Deferred Income Tax | $- | $- | $- | $-781.00K | $-367.00K |
| Stock Based Compensation | $- | $526.00K | $859.00K | $1.68M | $1.18M |
| Change in Working Capital | $- | $3.38M | $-713.00K | $-2.82M | $-1.76M |
| Accounts Receivables | $-408.00K | $275.00K | $-525.00K | $-446.00K | $-2.48M |
| Inventory | $277.00K | $2.65M | $531.00K | $-5.87M | $-159.00K |
| Accounts Payables | $-1.39M | $-1.07M | $-629.00K | $3.69M | $1.39M |
| Other Working Capital | $- | $1.53M | $-90.00K | $-187.00K | $-510.00K |
| Other Non Cash Items | $6.90M | $7.21M | $3.53M | $583.00K | $1.43M |
| Net Cash Provided by Operating Activities | $-6.12M | $-4.27M | $-15.43M | $-17.59M | $-9.50M |
| Investments in Property Plant and Equipment | $-152.00K | $-88.00K | $-2.00K | $-335.00K | $-161.00K |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $-15.00K | $68.00K | $- | $- | $- |
| Net Cash Used for Investing Activities | $-167.00K | $-20.00K | $-2.00K | $-335.00K | $-161.00K |
| Debt Repayment | $- | $2.17M | $10.44M | $10.23M | $-7.16M |
| Common Stock Issued | $- | $4.02M | $5.03M | $7.33M | $16.56M |
| Common Stock Repurchased | $- | $-1.00K | $-2.00K | $-15.00K | $- |
| Dividends Paid | $-5.00K | $- | $- | $- | $- |
| Other Financing Activities | $16.08M | $-1.83M | $449.00K | $-161.00K | $-62.00K |
| Net Cash Used Provided by Financing Activities | $16.08M | $4.36M | $15.92M | $17.38M | $9.34M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $9.79M | $70.00K | $484.00K | $-546.00K | $-318.00K |
| Cash at End of Period | $10.39M | $603.00K | $533.00K | $49.00K | $595.00K |
| Cash at Beginning of Period | $603.00K | $533.00K | $49.00K | $595.00K | $913.00K |
| Operating Cash Flow | $-6.12M | $-4.27M | $-15.43M | $-17.59M | $-9.50M |
| Capital Expenditure | $-152.00K | $-88.00K | $-2.00K | $-335.00K | $-161.00K |
| Free Cash Flow | $-6.28M | $-4.35M | $-15.44M | $-17.92M | $-9.66M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-4.12M | $-4.15M | $-3.21M | $-1.67M | $-6.60M | $-1.44M | $-3.13M | $-4.36M | $-5.93M | $-3.23M | $-5.08M | $-4.98M | $-4.87M | $-3.89M | $-3.14M | $-4.51M | $-3.26M | $-2.59M | $-1.75M | $-2.58M |
| Depreciation and Amortization | $80.00K | $30.00K | $29.00K | $29.00K | $30.00K | $33.00K | $32.00K | $47.00K | $29.00K | $28.00K | $26.00K | $25.00K | $-37.00K | $63.00K | $61.00K | $56.00K | $59.00K | $59.00K | $37.00K | $49.00K |
| Deferred Income Tax | $- | $- | $- | $- | $-333.00K | $209.00K | $124.00K | $- | $- | $- | $- | $6.00K | $-1.36M | $127.00K | $-857.00K | $-195.00K | $-901.00K | $-286.00K | $-494.00K | $-594.00K |
| Stock Based Compensation | $260.00K | $46.00K | $93.00K | $- | $371.00K | $139.00K | $-17.00K | $- | $488.00K | $- | $80.00K | $291.00K | $1.93M | $263.00K | $599.00K | $398.00K | $1.59M | $263.00K | $623.00K | $606.00K |
| Change in Working Capital | $- | $3.32M | $740.00K | $-204.00K | $2.51M | $-1.70M | $-1.50M | $4.07M | $4.21M | $2.57M | $-9.35M | $1.85M | $1.93M | $-1.59M | $-2.06M | $-1.09M | $-657.00K | $571.00K | $-1.32M | $-349.00K |
| Accounts Receivables | $- | $2.16M | $- | $922.00K | $133.00K | $-1.74M | $838.00K | $1.04M | $148.00K | $1.86M | $-2.49M | $-40.00K | $1.69M | $-2.39M | $502.00K | $-244.00K | $-111.00K | $713.00K | $-1.25M | $-1.83M |
| Inventory | $- | $817.00K | $2.02M | $66.00K | $2.24M | $-2.27M | $1.59M | $1.10M | $3.43M | $4.24M | $-3.33M | $-3.81M | $-1.54M | $-1.78M | $-1.25M | $-1.31M | $-1.65M | $-811.00K | $-596.00K | $2.90M |
| Accounts Payables | $-1.57M | $-119.00K | $-52.00K | $351.00K | $-335.00K | $1.86M | $-3.96M | $1.36M | $231.00K | $-3.11M | $-3.68M | $5.93M | $1.56M | $2.33M | $-1.59M | $1.39M | $1.49M | $310.00K | $628.00K | $-1.04M |
| Other Working Capital | $- | $459.00K | $-1.23M | $-1.54M | $478.00K | $453.00K | $35.00K | $561.00K | $403.00K | $-423.00K | $154.00K | $-224.00K | $222.00K | $252.00K | $269.00K | $-930.00K | $-381.00K | $359.00K | $-101.00K | $-387.00K |
| Other Non Cash Items | $-93.00K | $1.81M | $1.44M | $708.00K | $3.87M | $956.00K | $1.09M | $1.36M | $2.27M | $459.00K | $194.00K | $599.00K | $120.00K | $30.00K | $151.00K | $282.00K | $436.00K | $243.00K | $231.00K | $516.00K |
| Net Cash Provided by Operating Activities | $-3.87M | $1.05M | $-912.00K | $-2.40M | $-182.00K | $-1.80M | $-3.40M | $1.12M | $1.07M | $-177.00K | $-14.12M | $-2.21M | $-2.28M | $-5.00M | $-5.25M | $-5.06M | $-2.73M | $-1.74M | $-2.68M | $-2.35M |
| Investments in Property Plant and Equipment | $-101.00K | $-23.00K | $-12.00K | $-18.00K | $-3.00K | $-84.00K | $-1.00K | $- | $- | $-2.00K | $- | $- | $-234.00K | $- | $-4.00K | $-97.00K | $-3.00K | $-42.00K | $-94.00K | $-22.00K |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $68.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-8.00K | $-1.00K | $-4.00K | $- | $- | $- | $- | $- | $2.00K | $-2.00K | $- | $- | $6.00K | $- | $- | $- | $37.00K | $- | $- | $- |
| Net Cash Used for Investing Activities | $-109.00K | $-24.00K | $-16.00K | $-18.00K | $-3.00K | $-84.00K | $67.00K | $- | $2.00K | $-2.00K | $- | $- | $-234.00K | $- | $-4.00K | $-97.00K | $-3.00K | $-42.00K | $-94.00K | $-22.00K |
| Debt Repayment | $3.54M | $-2.10M | $1.12M | $2.14M | $44.00K | $3.10M | $50.00K | $-1.02M | $-869.00K | $-59.00K | $14.07M | $-2.70M | $1.97M | $5.32M | $-1.32M | $4.25M | $-8.86M | $1.53M | $-1.46M | $1.49M |
| Common Stock Issued | $-1.90M | $1.90M | $- | $- | $-4.02M | $- | $4.02M | $- | $-5.03M | $- | $-33.00K | $5.07M | $7.33M | $-7.00K | $7.33M | $- | $11.25M | $- | $5.31M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $1.00K | $- | $- | $-1.00K | $4.00K | $-2.00K | $- | $-2.00K | $-15.00K | $- | $-15.00K | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $-10.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $12.43M | $-850.00K | $-179.00K | $-19.00K | $-260.00K | $-659.00K | $-748.00K | $-166.00K | $400.00K | $-17.00K | $244.00K | $-81.00K | $-348.00K | $-26.00K | $-249.00K | $462.00K | $54.00K | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $14.06M | $-1.05M | $940.00K | $2.12M | $-216.00K | $2.44M | $3.32M | $-1.18M | $-566.00K | $-76.00K | $14.28M | $2.28M | $1.63M | $5.28M | $5.75M | $4.72M | $2.45M | $1.54M | $3.85M | $1.49M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $1.79M | $-1.79M | $- | $- | $-2.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $10.09M | $-20.00K | $12.00K | $-289.00K | $-401.00K | $557.00K | $-20.00K | $-66.00K | $508.00K | $-255.00K | $158.00K | $73.00K | $-892.00K | $287.00K | $499.00K | $-440.00K | $-280.00K | $-237.00K | $1.08M | $-885.00K |
| Cash at End of Period | $10.39M | $306.00K | $326.00K | $314.00K | $603.00K | $1.00M | $447.00K | $467.00K | $533.00K | $25.00K | $280.00K | $122.00K | $49.00K | $941.00K | $654.00K | $155.00K | $595.00K | $875.00K | $1.11M | $28.00K |
| Cash at Beginning of Period | $306.00K | $326.00K | $314.00K | $603.00K | $1.00M | $447.00K | $467.00K | $533.00K | $25.00K | $280.00K | $122.00K | $49.00K | $941.00K | $654.00K | $155.00K | $595.00K | $875.00K | $1.11M | $28.00K | $913.00K |
| Operating Cash Flow | $-3.87M | $1.05M | $-912.00K | $-2.40M | $-182.00K | $-1.80M | $-3.40M | $1.12M | $1.07M | $-177.00K | $-14.12M | $-2.21M | $-2.28M | $-5.00M | $-5.25M | $-5.06M | $-2.73M | $-1.74M | $-2.68M | $-2.35M |
| Capital Expenditure | $-109.00K | $-24.00K | $-16.00K | $-18.00K | $-3.00K | $-84.00K | $-1.00K | $- | $- | $-2.00K | $- | $- | $-234.00K | $- | $-4.00K | $-97.00K | $-3.00K | $-42.00K | $-94.00K | $-22.00K |
| Free Cash Flow | $-3.98M | $1.03M | $-928.00K | $-2.41M | $-185.00K | $-1.88M | $-3.41M | $1.12M | $1.07M | $-179.00K | $-14.12M | $-2.21M | $-2.52M | $-5.00M | $-5.25M | $-5.16M | $-2.73M | $-1.78M | $-2.77M | $-2.37M |
Reed's Dividends
Explore Reed's's dividend history, including dividend yield, payout ratio, and historical payments.
Reed's News
Read the latest news about Reed's, including recent articles, headlines, and updates.
CORRECTING and REPLACING: Reed's Reports Fourth Quarter and Full Year 2024 Results
NORWALK, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- The Company is issuing a corrected version of its fourth quarter and full year 2024 earnings press release to account for a $750,000 provision related to contract proceedings with a vendor, which impacted the previously reported selling, general and administrative expenses and operating loss. The corrected press release follows:
Reed's, Inc. (REED) Q4 2024 Earnings Call Transcript
Reed's, Inc. (OTCQX:REED) Q4 2024 Earnings Conference Call March 26, 2025 8:30 AM ET Company Participants Norman Snyder - CEO & Director Douglas McCurdy - CFO & Secretary Conference Call Participants Sean McGowan - ROTH Capital Partners Operator Good morning, and welcome to Reed's Fourth Quarter and Full Year 2024 Earnings Conference Call for the three months and 12 months ended December 31, 2024. My name is Joelle, and I will be your conference call operator for today.
Reed's Schedules Fourth Quarter and Full Year 2024 Conference Call for March 26 at 8:30 a.m. ET
NORWALK, Conn., March 12, 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, will host a conference call on Wednesday, March 26, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the three and twelve months ended December 31, 2024. The Company's results will be reported in a press release prior to the call.
Reed's Announces Leadership Updates
NORWALK, Conn., Feb. 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 announced key leadership changes, effective February 10, 2025, to bolster its executive team and reinforce its operational foundation. Douglas McCurdy has been appointed to Chief Financial Officer (“CFO”), succeeding Joann Tinnelly, who will transition to Chief Accounting Officer (“CAO”). Additionally, Reed's has appointed Salvatore Vassallo as Vice President of Operations.
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 announced the closing of a securities purchase agreement for a private investment in public equity (“PIPE”) financing. The transaction, which closed on December 30, 2024, generated gross proceeds of $10 million.
Here's Why Reeds (REED) Is a Great 'Buy the Bottom' Stock Now
Reeds (REED) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
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 announced its management team will participate in the upcoming Sidoti Conference being held virtually December 4-5, 2024.
Reed, Inc. (REED) Q3 2024 Earnings Call Transcript
Reed, Inc. (OTCQX:REED) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Norman Snyder - CEO & Director Joann Tinnelly - CFO & Secretary Conference Call Participants Sean McGowan - ROTH Capital Partners Operator Good morning, and welcome to Reed's Third Quarter 2024 Earnings Conference Call for the 3 months ended September 30, 2024. My name is Angeline, and I will be your conference call operator for today.
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 conference call on Thursday, November 14, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the three months ended September 30, 2024. The Company's results will be reported in a press release prior to the call.
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 announced it has closed its $6 million private investment in public equity (“PIPE”).
Reed's, Inc. (REED) Q2 2024 Earnings Call Transcript
Reed's, Inc. (OTCQX:REED) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Norman Snyder - CEO Joann Tinnelly - CFO Conference Call Participants Sean McGowan - ROTH Operator Good afternoon and welcome to Reed's Second Quarter 2024 Earnings Conference Call for the Three Months Ended June 30, 2024. My name is Emery and I will be your conference call operator for today.
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 NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months ended June 30, 2024.
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 conference call on Tuesday, August 13, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended June 30, 2024. The Company's results will be reported in a press release prior to the call.
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 announced the launch of Virgil's full sugar handcrafted sodas in a new, convenient 12oz can format for five classic flavors in Sprouts Farmers Market nationwide.
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 Call Participants Sean McGowan - ROTH Operator Good afternoon, and welcome to Reed's First Quarter 2024 Earnings Conference Call for the three months ended March 31, 2024. My name is Chris, and I will be your conference operator for today.
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 conference call on Tuesday, May 14, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended March 31, 2024. The Company's results will be reported in a press release prior to the call.
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 NORWALK, Conn., March 28, 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, is reporting financial results for the three and twelve months ended December 31, 2023.
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 conference call on Thursday, March 28, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the three and twelve months ended December 31, 2023. The Company's results will be reported in a press release prior to the call.
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, and welcome to Reed's Third Quarter 2023 Earnings Conference Call for the Three Months Ending September 30, 2023. My name is Drew, and I will be your conference operator for today.
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 Expansion and Continued Operating Expense Reductions Lead to First Quarter of Modified EBITDA Profitability Since 2016 and Operating Loss improvement to $0.1 million
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 conference call on Friday, November 10, 2023 at 8:30 a.m. Eastern time to discuss its financial results for the three months ended September 30, 2023. The Company's results will be reported in a press release prior to the call.
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