RealD Inc. Reports First Quarter Fiscal Year 2016 Financial Results
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B. Riley Cuts Price Target on RealD (RLD) Following 1Q Results
August 6, 2015 7:56 AM EDTB. Riley maintained a Buy rating on RealD (NYSE: RLD), and cut the price target to $16.00 (from $17.00), following 1Q results. Total revenues of $53.6MM missed consensus of $62.3MM. EBITDA of $24.6MM also came in below consensus of $26.5MM.
Analyst Eric Wold commented,... More
RealD (RLD) Misses Q1 EPS by 3c
August 5, 2015 5:45 PM EDTRealD (NYSE: RLD) reported Q1 EPS of $0.14, $0.03 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $53.6 million versus the consensus estimate of $62.34 million.
The first quarter marked a return to profitability for RealD, led by improved global 3D performance,... More
