April 24, 2017 / 6:25 PM / 5 months ago

BRIEF-Reed's Inc announces 2016 financial results

April 24 (Reuters) - Reed’s Inc :

* Reed‘s, Inc. announces 2016 financial results; Chris Reed takes on new role as chief innovation officer

* Sees Q1 2017 revenue about $8.3 million

* Lower sales volume in Q1 will have an impact on both gross margins and operating margins

* Expects to report revenues for Q1 of 2017 ended March 31, 2017 of approximately $8.3 million Source text for Eikon: Further company coverage:

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