RealD (RLD) Misses Q1 EPS by 3c

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B. Riley Cuts Price Target on RealD (RLD) Following 1Q Results

August 6, 2015 7:56 AM EDT

B. 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