04:52 PM EDT, 03/24/2026 (MT Newswires) -- Reed (REED) reported a Q4 loss late Tuesday of $0.44 per diluted share, narrowing from a loss of $1.33 a year earlier.

One analyst polled by FactSet expected a loss of $0.36.

Revenue for the three months ended Dec. 31 was $7.5 million, down from $9.7 million a year earlier.

One analyst surveyed by FactSet expected $8 million.

The company named Neal Cohane as interim chief executive officer and a board member, effective immediately. He will succeed Cyril Wallace, who has stepped down.