Curated News
By: NewsRamp Editorial Staff
April 16, 2025
Yuengling's Ice Cream Corporation Rebrands to ReachOut, Announces Positive Net Income of $4.4M
TLDR
- Yuengling's Ice Cream Corp. sees $4.4M net income swing, embracing ReachOut brand for nationwide cybersecurity disruption.
- YCRM's transformation strategy mirrors Berkshire Hathaway model, focusing on cybersecurity, automation, and digital identity technology.
- YCRM's disruptive approach aims to bring advanced protection to small and medium businesses, revolutionizing the cybersecurity industry for the better.
- YCRM's innovative growth strategy combines AI, media, and targeted acquisitions, creating a wealth-generation machine with asymmetric upside potential.
Impact - Why it Matters
This news matters as it highlights a significant financial turnaround for Yuengling's Ice Cream Corporation, now known as ReachOut. The company's shift towards cybersecurity and technology ventures signifies a major strategic transformation in the industry, potentially impacting shareholders and industry competitors alike.
Summary
Yuengling's Ice Cream Corporation (OTC: YCRM), now operating as ReachOut, reported a positive swing in net income to $4.4 million and revenue growth in its annual report for 2024. The company, led by CEO Rick Jordan, is undergoing a strategic transformation to focus on cybersecurity and technology ventures, with plans for a name and ticker symbol change pending FINRA approval.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Yuengling's Ice Cream Corporation Rebrands to ReachOut, Announces Positive Net Income of $4.4M
