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realnetworks inc (RNW) Snapshot

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realnetworks inc (RNW) Details

RealNetworks, Inc., together with its subsidiaries, provides network-delivered digital media applications and services to manage, play, and share digital media. It develops and markets software products and services that enable the creation, distribution, and consumption of digital media, including audio and video. The company operates through three segments: RealPlayer Group, Mobile Entertainment, and Games. The RealPlayer Group segment offers RealPlayer media player software, which enables consumers to discover, play, download, manage, and edit digital video; and licenses its technology to mobile network operators. The Mobile Entertainment segment provides digital media services to network service providers as software as a service services comprising ringback tone that enables callers to hear music instead of the traditional electronic ringing; intercarrier messaging services; and music on demand, which allows carriers to offer their subscribers various songs for downloading or streaming to PCs and mobile. This segment also offers Helix software products. The Games segment owns and operates a casual games service, offering casual games via digital downloads, online subscription play, third-party portals, social networks, and mobile devices. This segment develops, publishes, licenses, and distributes casual games, including board, card, puzzle, word, and hidden-object games. The company provides its products and services through direct and indirect channels comprising distributors, the company’s-own Websites, and affiliate partnerships; and third-party distribution channels, including search engines, online portals, mobile phone application stores, social networks, and content publishers. RealNetworks, Inc. was founded in 1994 and is headquartered in Seattle, Washington.

769 Employees
Last Reported Date: 02/26/15
Founded in 1994

realnetworks inc (RNW) Top Compensated Officers

Founder, Chairman and Chief Executive Officer...
Total Annual Compensation: $450.0K
President of Games Division
Total Annual Compensation: $584.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $260.0K
President of Worldwide Sales and Business Dev...
Total Annual Compensation: $525.9K
President of Products and Marketing
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

realnetworks inc (RNW) Key Developments

RealNetworks Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter, Second Half and Full Year of Fiscal 2015

RealNetworks Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the first quarter of 2015, revenue was $30.6 million, compared to $45.7 million reported in the first quarter of 2014. GAAP net loss for the first quarter of 2015 was $24.5 million or $0.68 per diluted share, compared to $7.8 million or $0.22 per diluted share in the first quarter of 2014. Operating loss was $19.0 million against $8.9 million reported last year. Loss before income taxes was $24.25 million against $7.3 million reported last year. Adjusted EBITDA for the first quarter of 2015 was a loss of $14.2 million, compared to $13.9 million for the first quarter of 2014. Net cash used in operating activities was $20.1 million against $18.5 million reported last year. Purchases of equipment, software, and leasehold improvements were $0.3 million against $1 million reported last year. For the second quarter of 2015, the company expects total revenue in the range of $30.0 million to $33.0 million and expects adjusted EBITDA for the quarter to be a loss in the range of $18.0 million to $21.0 million. In the second half of the year, the company expects to see losses in cash burn decline as it anticipates growth and improving margins. The company anticipates is that the revenue will grow by the end of 2015.

RealNetworks Inc. Presents at 16th Annual B. Riley & Co. Investor Conference, May-13-2015 01:00 PM

RealNetworks Inc. Presents at 16th Annual B. Riley & Co. Investor Conference, May-13-2015 01:00 PM. Venue: Loews Hollywood Hotel, Los Angeles, California, United States.

RealNetworks Inc. to Report Q1, 2015 Results on May 06, 2015

RealNetworks Inc. announced that they will report Q1, 2015 results at 2:00 PM, Pacific Standard Time on May 06, 2015


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