Reborn Coffee Provides First Quarter 2024 Corporate Update and Financial Results

Q12024 Revenue Increased 35% to $1.5 Million Q1 2024 Gross Profit Increased 51% to $1.1 Million BREA, Calif., July 23, 2024 (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 first quarter ended March 31, 2024. Key Financial and Operational Highlights Revenue increased 35% to $1.5 million in Q1'24 from $1.1 million in Q1'23. Ended Q1'24 with 11 open locations, with on ...