Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Reed's target lowered to $5.50 at Maxim Group following earnings, mgmt changes (3.75)Maxim Group lowers their REED tgt to $5.50 from $7. Yesterday, REED announced the resignation of Chris Reed as CEO, and appointed director Stefan Freeman as interim CEO. 4Q16 revenue of $9.1M, down 26.1% y/y, was below both firm's est and consensus of $12.3M; gross margin of 17.5%, down 790bps y/y, was below firm's est of 25.5% and consensus of 25.9%; and, GAAP EPS of ($0.17) was $0.16 wider than both firm's est and consensus of ($0.01). REED provided lower-than-expected preliminary 1Q17 rev of ~$8.3M, down 17% y/y, below both firm's prior est and consensus of $11.4M. REED announced the placement of a $3.4M convertible note with a 12% rate, convertible into 1.13M shares of common stock, starting 180 days after the closing, and issued a five-year warrant to purchase 1.4M shares of common stock at $4.00 per share.</td> </tr></table>"