RealNetworks: 3Q Earnings Snapshot

October 30, 2019 GMT

SEATTLE (AP) _ RealNetworks Inc. (RNWK) on Wednesday reported a loss of $6 million in its third quarter.

The Seattle-based company said it had a loss of 16 cents per share.

The software and service provider for digital entertainment companies posted revenue of $45 million in the period.

For the current quarter ending in December, RealNetworks said it expects revenue in the range of $40 million to $43 million.

In the final minutes of trading on Wednesday, the company’s shares hit $1.60. A year ago, they were trading at $1.86.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RNWK at https://www.zacks.com/ap/RNWK