RealNetworks (RNWK) Misses Q2 EPS by 5c

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REALNETWORKS ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS

July 28, 2022 4:01 PM EDT

Company Announces Definitive Merger Agreement with CEO Rob Glaser, Subject to Shareholder Approval

SEATTLE, July 28, 2022 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK), an emerging leader in AI-based software and solutions, today announced its financial results for the second quarter ended June 30, 2022.

Revenue was $11.9 million, net loss of $(5.1) million and Adjusted EBITDA loss of $(4.2) millionAppointed Paul DiPeso to the newly created position of President, SAFRAnnounced CFO leadership transition; Brian... More