Reeds Inc. (REED)

[gfp927z]

It looks like revenues have been essentially flat for the last 3 quarters (see below).

They announced YOY revenues for 2012 'increased 20% to more than $30 million', which would put Q4 2012 revs at $7.742 mil, plus a little, so figure approx $7.9 mil area. So 3 quarters in a row essentially flat, albeit up nicely YOY from 2011.


Q4 2012 revenue projection -


Q4 - 2012 -- at least 7.742 mil

Q3 - 2012 -- 7.888 mil

Q2 - 2012 -- 7.831 mil

Q1 - 2012 -- 6.539 mil

Q4 - 2011 -- 7.282 mil



But year over year revenue trends show the bigger picture of steady revenue growth -


2012 - 'over 30 mil'

2011 - 25 mil

2010 - 20.4 mil

2009 - 15.2 mil