RealNetworks: 2Q Earnings Snapshot
RealNetworks: 2Q Earnings Snapshot
SEATTLE (AP) _ RealNetworks Inc. (RNWK) on Wednesday reported a loss of $6.9 million in its second quarter.
On a per-share basis, the Seattle-based company said it had a loss of 18 cents.
The software and service provider for digital entertainment companies posted revenue of $15.7 million in the period.
For the current quarter ending in October, RealNetworks said it expects revenue in the range of $17 million to $19 million.
In the final minutes of trading on Wednesday, the company's shares hit $3.50. A year ago, they were trading at $4.61.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RNWK at https://www.zacks.com/ap/RNWK