REED - Reed's Inc. (REED) Q1 2024 Earnings Call Transcript
2024-05-14 22:02:09 ET
Reed's, Inc. (REED)
Q1 2024 Earnings Conference Call
May 14, 2024 17:00 ET
Corporate Participants
Norman Snyder - Chief Executive Officer
Joann Tinnelly - Chief Financial Officer
Conference Call Participants
Sean McGowan - ROTH
Presentation
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. We will have prepared remarks from Norman Snyder, REED's Chief Executive Officer, and Joann Tinnelly, Reed's Chief Financial Officer. Following their remarks, they will take your questions.
Before we begin, please take note of the company's cautionary statement. Today's call will include forward-looking statements, including statements about Reed's business plans and 2024 guidance.
Forward-looking statements inherently involve risks and uncertainties and only reflect management's view as of today, May 14, 2024, and the company is under no obligation to update them. When discussing results, the presenters may refer to non-GAAP measures, which exclude certain items from reported results. Please refer to Reed's first quarter 2024 earnings release on Reed's investor website at investor.reedsinc.com, and its first quarter 2024 Form 10-Q, expected to be available on the website on March 14, 2024, for definitions and reconciliations of non-GAAP measures and additional information regarding results, including a discussion of factors that could cause actual results to materially differ from forward-looking statements.
I will now turn the call over to Mr. Snyder. Please go ahead.
Norman Snyder
Thank you, Operator, and good afternoon, everyone. We appreciate you joining us today to discuss our first quarter 2024 results. We continue to execute on our cost-cutting and optimization initiatives in the first quarter, leading to material improvements in gross margin, operating expenses, and modified EBITDA....
Reed's, Inc. (REED) Q1 2024 Earnings Call Transcript