Brief: Reed’s Announces Q4 Loss Per Share Of $0.09

Reed'S

12/03/2020 21:16

March 12 (Reuters) - Reed's Inc  REED.O :
    * REED’S, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2019
FINANCIAL RESULTS
    * Q4 LOSS PER SHARE $0.09
    * Q4 SALES $7.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$8.3
MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $-0.08 -- REFINITIV IBES
DATA
    * DURING FISCAL 2020, EXPECTS TO GENERATE CORE BRAND GROWTH
IN
RANGE OF 10%+
    * ANTICIPATES A GROSS MARGIN OF 32% OR GREATER FOR FULL YEAR
2020.

Source text for Eikon:  ID:nGNX11GFgZ 
Further company coverage:  REED.O 

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