RealD (RLD) Misses Q2 EPS by 6c

Go back to RealD (RLD) Misses Q2 EPS by 6c

RealD Inc. Reports Second Quarter Fiscal Year 2016 Financial Results

November 9, 2015 8:31 AM EST

Announces agreement to be acquired by Rizvi Traverse in transaction valued at $551 million

LOS ANGELES--(BUSINESS WIRE)-- Global visual technology company RealD Inc. (NYSE: RLD) today announced financial results for its second quarter of fiscal 2016 ended September 30, 2015.

The second quarter of 2016 faced difficult box office comparison, with two fewer 3D films released across RealD's platform. In domestic markets, despite challenging comparisons, 3D percentages remained consistent year-over-year, reflecting the continued success of our platform optimization program," commented Michael V. Lewis, Chairman and Chief Executive Officer of RealD. "Looking... More