This year our company is likely to get out of the red before fall.
•If we can cut down on expenses, we can get out of the red fairly soon.
Dictionary of American idioms. 2013.
out of the red — {adv. phr.} Having reached solvency; no longer in debt. * /Under the new management, our company finally got out of the red./ Contrast: IN THE HOLE, IN THE RED. Compare: IN THE BLACK … Dictionary of American idioms
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