Reborn Coffee Reports Second Quarter 2022 Financial Results
Retrieved on:
Tuesday, October 4, 2022
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BREA, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (Reborn, or the Company), a California-based retailer of specialty coffee, has reported its financial and operational results for the second quarter ended June 30, 2022.
Key Points:
- BREA, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (Reborn, or the Company), a California-based retailer of specialty coffee, has reported its financial and operational results for the second quarter ended June 30, 2022.
- During the second quarter we delivered strong revenue performance from strong customer demand for our high quality, specialty-roasted coffee in shopping plazas and upscale areas at our nine retail locations.
- Net loss for the second quarter of 2022 was $0.9 million, compared to a net loss of $0.3 million for the second quarter of 2021.
- Reborn Coffee, Inc. (NASDAQ: REBN) is focused on serving high quality, specialty-roasted coffee at retail locations, kiosks and cafes.