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Reed (REED) -26.2% PM, priced its underwritten public offering of 18.75M shares at $0.56/share; gross proceeds of ~$10.5M.Underwriters granted 45-day option to purchase an additional 2.81M shares.Offering expected to close on Nov.24, 2020.Previously: Reed under pressure on proposed ...
Reed (REED) seeks to offer shares of its common stock in an underwritten public offering.Underwriters granted 45-day option to purchase additional shares.Offer final terms have not yet been disclosed.Net proceeds will be used for the repayment of ~ $4.6M under its senior credit faci...
Reed ([[REED]] +4.6%) provides guidance for 2021:Net sales of $45.8M-46.6M, up from previously given figures $40.1M-40.3MGross margin of 32-33% vs. previously given ~30%.According to data from IRI, sales at retail for the four weeks ended October 4, 2020 increased 49.4% for the Reed’s ...
NORWALK, Conn., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Reed’s Inc. (NASDAQ: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today provided financial guidance for fiscal 2021 and detail on recent syndicated third-party retail sell-through data. ...
NORWALK, Conn., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Lace up your running shoes! Reed’s Inc. (NASDAQ: REED), America’s #1 ginger company, is proud to announce its sponsorship of the first ever “World’s Best Turkey Trot” – a virtual 1M, 5K and 10K race ...
NORWALK, Conn., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Lace up your running shoes! Reed’s Inc. (NASDAQ: REED), America’s #1 ginger company, is proud to announce its sponsorship of the first ever “World’s Best Turkey Trot” – a virtual 1M, 5K and 10K race ...
Reed's, Inc. (REED) Q3 2020 Earnings Conference Call November 09, 2020, 04:30 PM ET Company Participants Norman Snyder - CEO Tom Spisak - CFO Conference Call Participants Presentation Operator Good afternoon, and welcome to Reed's Third Quarter Fiscal 2020 Earnings Conference Call for the per...
Reed's (REED): Q3 GAAP EPS of -$0.04 misses by $0.01.Revenue of $10.56M (+20.8% Y/Y) beats by $0.2M.Guidance for 2020 net sales growth increased from 10% to 19%.Shares +5.4%.Press Release For further details see: Reed's EPS misses by $0.01, beats on revenue
Net sales increased 21 % Gross Margin increased 3 50 basis points Increases fiscal 2020 net sales guidance NORWALK, Conn., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Reed’s Inc. (Nasdaq:REED), owner of the nation...
NORWALK, Conn., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to issue its financial results for the third quarter ended September 30, 2020 after the ...
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Reiterates Full Year 2024 Financial Outlook Management to Host Conference Call Today at 5:00 p.m. ET NORWALK, Conn., May 14, 2024 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s lead...
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 5:0...
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) ...