Reed'S, Inc. (REED) Revenue (2010 - 2024)
Reed'S's (REED) quarterly Revenue came in at $6.8 million in Q3 2024, down 43.05% on a YoY basis from $11.9 million in Q4 2023, and down 43.14% quarter-over-quarter from $11.9 million in Q2 2024.
Analysis
Reed'S, Inc. (REED) Revenue (2010 - 2024) Analysis & Trends
Reed'S (REED) has reported Revenue for 14 consecutive years, with $6.8 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Revenue fell 43.05% year-over-year to $6.8 million; the trailing twelve-month figure through Sep 2024 stood at $39.9 million (down 16.95% YoY), and the FY2023 full-year result was $44.7 million, down 15.7% from the prior year.
- Revenue slipped to $6.8 million in Q3 2024 per REED's latest filing, from $11.9 million in the prior quarter.
- Across five years, Revenue topped out at $15.0 million in Q4 2022 and bottomed at $6.8 million in Q3 2024.
- Historically, Revenue has averaged $11.3 million across 4 years, with a median of $11.7 million in 2023.
- The widest YoY moves for Revenue: up 18.68% in 2024, down 43.05% in 2024.
- Over 4 years, Revenue stood at $10.9 million in 2020, then surged by 38.58% to $15.0 million in 2022, then slipped by 22.25% to $11.7 million in 2023, then slumped by 42.26% to $6.8 million in 2024.
- According to Business Quant data, Revenue over the past three periods registered $6.8 million, $11.9 million, and $9.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 6.75 Mn |
| Jun 30, 2024 | 11.87 Mn |
| Mar 31, 2024 | 9.60 Mn |
| Dec 31, 2023 | 11.69 Mn |
| Sep 30, 2023 | 11.86 Mn |
| Jun 30, 2023 | 10.01 Mn |
| Mar 31, 2023 | 11.16 Mn |
| Dec 31, 2022 | 15.04 Mn |
| Sep 30, 2022 | 12.09 Mn |
| Jun 30, 2022 | 13.73 Mn |
| Mar 31, 2022 | 12.18 Mn |
| Jun 30, 2020 | 10.85 Mn |
| Mar 31, 2020 | 9.52 Mn |
| Dec 31, 2019 | 7.15 Mn |
| Sep 30, 2019 | 8.74 Mn |
| Jun 30, 2019 | 9.48 Mn |
| Mar 31, 2019 | 8.45 Mn |
| Dec 31, 2018 | 9.63 Mn |
| Sep 30, 2018 | 10.80 Mn |
| Jun 30, 2018 | 9.39 Mn |