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Reeds: Q1 Earnings Snapshot

May 16, 2022 GMT

NORWALK, Conn. (AP) _ Reeds Inc. (REED) on Monday reported a loss of $5 million in its first quarter.

The Norwalk, Connecticut-based company said it had a loss of 5 cents per share.

The beverage and candy company posted revenue of $12.2 million in the period.

Reeds expects full-year revenue in the range of $59 million to $62 million.

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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