RealNetworks (RNWK) Reports Q4 Loss of $0.18, Revenues Miss; Offers Q1 Revenue Below Consensus

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Go back to RealNetworks (RNWK) Reports Q4 Loss of $0.18, Revenues Miss; Offers Q1 Revenue Below Consensus

RealNetworks Announces Fourth Quarter And Full Year 2018 Results

February 6, 2019 4:01 PM EST

SEATTLE, Feb. 6, 2019 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK), a leader in digital media software and services, today announced results for the fourth quarter and full year ended December 31, 2018.

2018 revenue of $69.5 million, compared to $78.7 million in 2017 Commercializing four key growth initiatives: SAFR, Kontxt, RMHD and mobile games Reduced 2018 operating expenses by 3% year-over-year Subsequent to year-end, doubled stake to become 84% majority owner of Napster at compelling economic terms for RealNetworks

Management Commentary

"In 2018... More