RealNetworks (RNWK) Tops Q4 EPS by 8c

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Go back to RealNetworks (RNWK) Tops Q4 EPS by 8c

REALNETWORKS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL RESULTS

February 9, 2022 4:01 PM EST

SEATTLE, Feb. 9, 2022 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK), an emerging leader in AI-based software and solutions, today announced its financial results* for the fourth quarter and year ended December 31, 2021.

2021 revenue of $58.2 million, net loss attributable to RealNetworks of $(21.2) million and Adjusted EBITDA loss of $(13.8) million Continued revenue growth in 2021 for the Company's AI-based businesses with 44% growth in SAFR and 14% growth in KONTXT Strong balance sheet with unrestricted cash and cash equivalents of $27.1 million and no debt as of December 31, 2021

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