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Reeds: 1Q Earnings Snapshot

LOS ANGELES (AP) _ Reeds Inc. (REED) on Monday reported a loss of $1.6 million in its first quarter.

On a per-share basis, the Los Angeles-based company said it had a loss of 6 cents.

The beverage and candy company posted revenue of $8.3 million in the period.

In the final minutes of trading on Monday, the company's shares hit $2.60. A year ago, they were trading at $3.10.

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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