Reeds: 2Q Earnings Snapshot
NORWALK, Conn. (AP) _ Reeds Inc. (REED) on Monday reported a loss of $1.8 million in its second quarter.
The Norwalk, Connecticut-based company said it had a loss of 3 cents per share.
The beverage and candy company posted revenue of $10.9 million in the period.
In the final minutes of trading on Monday, the company’s shares hit $1.38. A year ago, they were trading at $3.