Reborn Coffee (NASDAQ:REBN) Releases Quarterly Earnings Results

Reborn Coffee (NASDAQ:REBN) posted its quarterly earnings results on Monday. The company reported ($0.26) earnings per share for the quarter, Zacks reports. The business had revenue of $1.78 million during the quarter. Reborn Coffee had a negative net margin of 67.56% and a negative return on equity of 171.86%.

Reborn Coffee Price Performance

Reborn Coffee stock opened at $3.88 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.41 and a quick ratio of 0.34. Reborn Coffee has a one year low of $1.03 and a one year high of $8.80. The firm has a market cap of $14.25 million, a PE ratio of -2.68 and a beta of 2.17. The stock’s fifty day moving average price is $4.10 and its two-hundred day moving average price is $2.65.

Reborn Coffee Company Profile

Reborn Coffee, Inc, through its subsidiaries, operates and franchises retail locations, kiosks, and cafes that focus on serving specialty-roasted coffee in California. It purchases, roasts, and sells coffee, tea and other beverages, and various food items. It offers products in various form factors, such as whole bean roasted coffee bags, single-serve drip bags, and pour over packs.