RealNetworks (RNWK) Tops Q1 EPS by 1c

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REALNETWORKS ANNOUNCES FIRST QUARTER 2022 FINANCIAL RESULTS

May 4, 2022 4:01 PM EDT

SEATTLE, May 4, 2022 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK), an emerging leader in AI-based software and solutions, today announced its financial results for the first quarter ended March 31, 2022.

Revenue was $13.3 million, net loss of $(5.2) million and Adjusted EBITDA loss of $(3.8) millionLaunched SAFR SCAN, the company's first integrated hardware-software productAppointed Mike Cooley as President for KONTXT, Messaging, and Telecom

Management Commentary

"In March, we launched SAFR SCAN, a video door station for access control... More