RealNetworks Q4 Losses Top 13.3 Million
Wall Street, which this week rewarded RealNetworks with a 10% bump after it spun off Rhapsody, may not look so kindly on the company's latest financial report:
- Revenue of $145.5 million
- Net loss of $13.3 million or $.11) per share
- Adjusted EBITDA excluding impairments of $12.9 million
- Rhapsody subscribers fell for 3rd straight quarter to 675K, down 25K
Full Year Highlights:
- Revenue of $562.3 million
- Net loss of $212.3 million or $1.60 per share
- Atributed EBITDA excluding impairments of $39.7 million
- Cash and short term investments of $384.9 million at year end.