Reeds, Inc. (REED) News
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REED News Highlights
- For REED, its 30 day story count is now at 6.
- Over the past 20 days, the trend for REED's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about REED are CONN and PAR.
Latest REED News From Around the Web
Below are the latest news stories about REED'S INC that investors may wish to consider to help them evaluate REED as an investment opportunity.
Reed’s, Inc. Announces Transition from the Nasdaq Capital Market to the OTCQX and Close of $2.5 Million Bridge FinancingThe Company Anticipates Trading to Begin on the OTCQX on Thursday, February 16NORWALK, Conn., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today its intention to transition from the Nasdaq Capital Market to the OTCQX US Market, operated by OTC Markets, Inc. (“OTCQX”). Reed’s was given until February 13, 2023 to regain compliance with Nasdaq’s bid price rule an |
Reed’s, Inc. Appoints Chris Burleson as Chief Commercial OfficerNORWALK, Conn., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Reed’s Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announces the appointment of Christopher Burleson as Chief Commercial Officer. Joining the Company’s executive leadership, Burleson brings over 15 years of progressive sales leadership experience to Reed’s. As Chief Commercial Officer, Burleson will lead the sales organization as well as partner with the operat |
Reed’s Reports Preliminary Unaudited Fourth Quarter and Full Year 2022 Results and Issues 2023 Financial Outlook- Preliminary Q4 2022 Net Revenue up 18% to Approximately $15.1 million - - Continued Double-Digit Net Revenue Growth, Gross Profit Improvement, and $6 Million of Operating Expense Reductions to Generate Positive Modified EBITDA and Cash Flow from Operations in 2023 - NORWALK, Conn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is providing preliminary unaudited fourth |
Reed's, Inc. (NASDAQ:REED): Are Analysts Optimistic?Reed's, Inc. ( NASDAQ:REED ) is possibly approaching a major achievement in its business, so we would like to shine... |
Reed’s, Inc. Announces Revised Effective Date for Reverse Stock SplitFriday, January 27, 2023NORWALK, Conn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today that due to unanticipated delays in processing outside the Company’s control, the previously announced reverse stock split, which was to be effective with the open of The Nasdaq Stock Market on January 26, 2023, will instead take effect with the open of the market on Fri |
Reed’s Inc. Announces Reverse Stock SplitReed’s Common Stock to Begin Trading on a Split-Adjusted Basis on January 26, 2023NORWALK, Conn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is announcing that its Board of Directors (the “Board”) approved a 1-for-50 reverse stock split of the Company’s issued and outstanding shares of common stock, par value $0.001 per share. The reverse stock split will become effec |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on WednesdayWe're starting off the day with a breakdown of the biggest pre-market stock movers traders need to know about for Wednesday! |
Reeds (REED) Reports Q3 Loss, Lags Revenue EstimatesReeds (REED) delivered earnings and revenue surprises of -50% and 30.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock? |
Reed’s Reports Third Quarter 2022 ResultsNORWALK, Conn., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: 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 September 30, 2022. Q3 2022 Financial Highlights (vs. Q3 2021): Net sales were $12.1 million compared to $13.4 million.Gross profit was $2.4 million compared to $3.9 million, with gross margin of 20.1% compared to 28.9%.Operating expenses were reduced t |
Reed’s Schedules Third Quarter 2022 Conference Call for November 10 at 5:00 p.m. ETNORWALK, Conn., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: 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 10, 2022 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended September 30, 2022. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed by a questi |