Reeds: Q1 Earnings Snapshot
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.