RealNetworks Announces First Quarter 2020 Financial Results
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RealNetworks (RNWK) Reports Q1 Loss of $0.12, Revenues Beat
May 6, 2020 5:43 PM EDTRealNetworks (NASDAQ: RNWK) reported Q1 EPS of ($0.12), versus $0.04 reported last year. Revenue for the quarter came in at $43.1 million versus the consensus estimate of $33.11 million.
Generated consolidated revenue of $43.1 millionGames revenue up 16% year-over-year driven by success of free-to-play strategyPivoting SAFR strategy to focus on the intersection of public health and public safetyCEO Rob Glaser invested $10.0 million into the CompanyJudd Lee Named Senior Vice President, Chief... More