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home / news releases / REED - Reed's GAAP EPS of -$0.03 revenue of $12.09M

REED - Reed's GAAP EPS of -$0.03 revenue of $12.09M

Reeds Inc.
  • Reed's press release ( NASDAQ: REED ): Q3 GAAP EPS of -$0.03.
  • Revenue of $12.09M (-9.8% Y/Y).
  • Gross profit was $2.4 million compared to $3.9 million, with gross margin of 20.1% compared to 28.9%.
  • Outlook: Reed’s expects 2022 net sales to range between approximately $56-59 million, reflecting growth of approximately 13-19% from 2021. The Company also expects gross margin in 2022 to be approximately 25% compared to 27.4% in 2021.

For further details see:

Reed's GAAP EPS of -$0.03, revenue of $12.09M
Stock Information
Company Name: Reeds Inc.
Stock Symbol: REED
Market: OTC
Website: drinkreeds.com
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