RealNetworks Holds Q2 Loss Guidance

RealNetworks has affirmed its guidance…it foresees a Q2 loss between 3 cents and 4 cents per share. Excluding a $3 million item relating to expenses from antitrust litigation, the company forecast a share loss in the range of 1 cent to 2 cents a share.

Net revenues are expected to be between $63 million and $65 million, representing between 27% and 31% growth over Q2, 2003. The company expects to reach quarterly profitability, excluding expenses relating to antitrust litigation, by the end of 2004. This guidance excludes any changes related to the company’s ownership interest in MusicNet.

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