RealNetworks (RNWK) Reports Q1 Loss of $0.25/Share

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Go back to RealNetworks (RNWK) Reports Q1 Loss of $0.25/Share

RealNetworks Announces First Quarter 2017 Results

May 3, 2017 4:01 PM EDT

SEATTLE, May 3, 2017 /PRNewswire/ --

Revenue stability, with year-over-year revenue growth for first quarter; Reduced year-over-year operating expenses by $6.5 million in first quarter; and Investing in key growth initiatives

RealNetworks, Inc. (Nasdaq: RNWK), a leader in digital media software and services, today announced results for the first quarter ended March 31, 2017.

For the first quarter of 2017, revenue was $30.6 million, up from $28.2 million in the first quarter of 2016. For the first quarter of 2017, the Company reduced its operating expenses by... More