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RealNetworks tops Wall St. adjusted eps view for 3Q


Published : Tue, 30 Oct 2007 21:13
By : Agencies
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NEW YORK (Thomson Financial) - RealNetworks Inc. Tuesday reported third-quarter adjusted earnings of $9.2 million, or 6 cents a share. The mean estimate of analysts polled by Thomson Financial was for earnings of 4 cents per share in the September period, excluding the impact of stock options expense.

Revenue rose 55% for the three-month period to $145.1 million from $93.7 million a year earlier.

The average analysts' view was for revenue of $143.4 million in the latest quarter.

The Seattle provider of digital entertainment products and services said it expects adjusted earnings of 6 to 7 cents a share for the fourth quarter on revenue of between $152 million and $157 million. It sees adjusted earnings of 23 to 24 cents a share for fiscal 2007 on revenue ranging from $563 million to $568 million.

Wall Street's current consensus estimates are for profits of 6 cents a share, excluding options costs, and 25 cents a share, respectively.

Michael Baron

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