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home / news releases / REED - Reed's GAAP EPS of -$0.05 misses by $0.01 revenue of $13.7M misses by $0.67M


REED - Reed's GAAP EPS of -$0.05 misses by $0.01 revenue of $13.7M misses by $0.67M

  • Reed's press release ( NASDAQ: REED ): Q2 GAAP EPS of -$0.05 misses by $0.01 .
  • Revenue of $13.7M (+21.6% Y/Y) misses by $0.67M .
  • Reed’s continues to expect 2022 net sales to range between approximately $59-62 million, reflecting growth of approximately 20-25% from 2021. The Company also continues to estimate gross margin in 2022 to be approximately 30% compared to 27.4% in 2021.

For further details see:

Reed's GAAP EPS of -$0.05 misses by $0.01, revenue of $13.7M misses by $0.67M
Stock Information

Company Name: Reeds Inc.
Stock Symbol: REED
Market: OTC
Website: drinkreeds.com

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