Blog Post

Earnings: RealNetworks Reports Losses For Q3; Games Help Increase Revenues

RealNetworks (NSDQ: RNWK) announced its Q308 earnings today, and it reported losses for the quarter, though the games division helped shore up the topline. Its Q3 losses were $4.5 million, compared with a net profit of $4.3 million in the year-ago period. Revenues grew 5 percent to $152.0 million compared with $145.1 million for Q308.

Division wise:
— a 19 percent increase in games revenue to $34.2 million
— a 10 percent increase in music revenue to $41.6 million
— 3 percent decline in media software and services revenue to $24.5 million
— 3 percent decline in technology products and solutions revenue to $51.6 million.

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