Reeds: 2Q Earnings Snapshot

August 10, 2020 GMT

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REED at https://www.zacks.com/ap/REED