Might mean (unverified): Lose money; financial performance poor.
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We found 2 dictionaries that define the word bleed red ink:

General (2 matching dictionaries)
  1. bleed red ink: Wiktionary
  2. bleed red ink: Longman Dictionary of Contemporary English

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Definitions from Wiktionary (bleed red ink)

▸ verb:  (idiomatic) To suffer from severe net losses.

Similar:
bleed, bleed dry, forbleed, bleed out, bleed white, hemorrhage, outbleed, see red, go down in flames, exsanguinate, more...

Opposite:
make profit, be in black, be profitable

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Similar:
bleed, bleed dry, forbleed, bleed out, bleed white, hemorrhage, outbleed, see red, go down in flames, exsanguinate, more...

Opposite:
make profit, be in black, be profitable



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