Benzinga | Aug 10, 2020 04:28PM EDT

Reed's Q2 EPS $(0.03) Beats $(0.04) Estimate, Sales $10.90M Beat $9.80M Estimate

Reed's (NASDAQ:REED) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.04) by 25 percent. This is a 76.92 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $10.90 million which beat the analyst consensus estimate of $9.80 million by 11.22 percent. This is a 14.98 percent increase over sales of $9.48 million the same period last year.