Reed's: Q4 Earnings Insights

Shares of Reed's (NASDAQ:REED) moved lower in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 44.44% over the past year to ($0.05), which missed the estimate of ($0.04).

Revenue of $10,677,000 up by 49.31% from the same period last year, which beat the estimate of $9,260,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

The upcoming fiscal year's revenue expected to be between $47,441,000 and $48,273,000.

Conference Call Details

Date: Mar 30, 2021

Time: 04:30 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=143935

Price Action

Company's 52-week high was at $1.64

52-week low: $0.36

Price action over last quarter: Up 57.33%

Company Description

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