RealNetworks had revenues of $83,6 million in 4Q05, up 15 percent from $72 .5 million but the real story is a net income completely skewed by the first $478 million from its settlement with Microsoft. Including the payment, the net income for the quarter was $285.6 million, or $1.61 per share, compared to a net loss of $1 million, or $0.01 per share, in 4Q04.
Highlights:
– By the end of 2005, the Games segment contributed nearly 20 percent of revenue.
– Music revenue of $26.1 million, up 29 percent over 4Q04; Games revenue of $15.7 million, up 52 percent; Media Properties revenue was up 55 percent to $9 million.
– Video, Consumer Software and Other revenue was $22.6 million, down 10 percent, while the business products segment was down 8 percent to $10.2 million.
Earnings release | Webcast (archived)
– Real also announced the appointment of Michael Eggers as CFO and SVP, succeeding Roy Goodman, who will stay with the company in a support role but has moved back east to be closer to extended family. (He’s been commuting from Virginia.) Eggers has been with Real for 8 years, most recently as VP-finance. Press release.
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