RealNetworks (RNWK) Q2 Revenues Beat

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RealNetworks Announces Second Quarter 2020 Financial Results

August 5, 2020 4:01 PM EDT

SEATTLE, Aug. 5, 2020 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK), a leader in digital media software and services, today announced its financial results for the second quarter ended June 30, 2020.

Consolidated revenue of $40.4 million; core revenue without Napster of $17.1 million, up 9% year-over-year Games revenue up 23% year-over-year and 12% quarter-over-quarter driven by success of free-to-play strategy Introduced two innovative new AI-powered consumer PC software products: RealPlayer® 20/20 and StarSearch by Real® SAFR was awarded two Phase II Small Business Innovation Research (SBIR) contracts with... More