Fri, Jan 30, 2015, 8:29 AM EST - U.S. Markets open in 1 hr 1 min

Recent

% | $
Quotes you view appear here for quick access.

REEDS, Inc. Message Board

  • stockerzzz1 stockerzzz1 Mar 1, 2013 3:09 PM Flag

    Reed's Posted a Profit in Q2 and Q3

    The posters saying that "Reed's hasn't made a profit" are incorrect. The company posted its first profit in Q2 of 2012 and another profit in Q3 of 2012.

    While they are not large, Q2 = $444,000 and Q3 = $22,000, it's not truthful to say that the company has never posted a profit.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Market is a discounting machine....yes 2012: q1/q2/q3 P&L = -133k / +421k / +15k = +303k..with q4 data out in few weeks. Stock went from up last year as co. went from $ losing to profitable only to roll over when sequentially profit was lower in q3 and more bleeding. This stock has been going down for 4 months, down in an up tape, down for the year, for the qtr, for the week and today...when overall market tone is very positive for months now. Stock is off #$%$ from hi......this is not a normal correction / consolidation. Great beverages....but cant make real consistent $ selling ginger brew and virgil for such a long time now.

      • 1 Reply to jamcracker25
      • Groupon just canned their co-founder...here is a paragraph from a Bloomberg piece on GRPN:

        “They grew too fast, and sometimes that can cause management to lose a little bit of focus on profitability,” said Arvind Bhatia, an analyst at Sterne Agee & Leach Inc. in Dallas, who recommends buying the shares. “Eric and Ted will bring in a new CEO with a strong operating background to move the company forward, so they not only grow the top line but more importantly the bottom line.”

 
REED
5.32-0.09(-1.66%)Jan 29 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
ImmunoGen, Inc.
NASDAQThu, Jan 29, 2015 4:00 PM EST
Eastman Chemical Co.
NYSEThu, Jan 29, 2015 4:04 PM EST