RealNetworks Announces Third Quarter 2020 Financial Results

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RealNetworks (RNWK) Reports Q3 Loss of $0.08, Revenues Miss

November 3, 2020 4:03 PM EST

RealNetworks (NASDAQ: RNWK) reported Q3 EPS of ($0.08), versus ($0.14) reported last year. Revenue for the quarter came in at $16.6 million versus the consensus estimate of $33.11 million.

Third Quarter 2020 Financial Highlights from Continuing Operations

Revenue was $16.6 million compared to $17.1 million in the prior quarter and $17.7 million in the prior year period.Games revenue was $7.6 million, up 2% compared to $7.5 million in the prior quarter and up 6% compared to $7.2 million in the prior year period.Gross... More