Earnings: RealNetworks Reports Losses For Q3; Mobile-Related Revenues Dip By 3 Percent

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 (which includes wireless carrier services from the WiderThan acquisition).

Mobile highlights from the quarter:

— Technology Products and Solutions declined 3 percent compared to the same period a year ago, but grew by 1 percent compared to the prior quarter.
— It launched ringback tones for Vodafone (NYSE: VOD) Turkey, which is seeing rapid uptake, and secured the music-on-demand business for Vodafone Spain.
— The Helix DNA mobile handset licenses grew to 43 million, up from 26 million in Q3 2007.
— Real launched its next version of its emoticonSMS service with China Unicom

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