RealNetworks (RNWK) Set to Announce Earnings on Wednesday

RealNetworks (NASDAQ:RNWK) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 7th.

RealNetworks (NASDAQ:RNWK) last released its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.11) earnings per share for the quarter. The company had revenue of $30.00 million during the quarter. RealNetworks had a negative net margin of 21.67% and a negative return on equity of 32.64%.

Shares of RealNetworks (NASDAQ:RNWK) opened at $3.11 on Wednesday. The firm has a market cap of $121.23, a price-to-earnings ratio of -4.33 and a beta of 0.49. RealNetworks has a fifty-two week low of $3.03 and a fifty-two week high of $5.40.

In related news, SVP Michael Parham sold 7,000 shares of RealNetworks stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $4.47, for a total value of $31,290.00. Following the sale, the senior vice president now owns 19,848 shares in the company, valued at $88,720.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 37.90% of the company’s stock.

An institutional investor recently raised its position in RealNetworks stock. State Street Corp grew its holdings in shares of RealNetworks Inc (NASDAQ:RNWK) by 6.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 470,564 shares of the technology company’s stock after buying an additional 27,268 shares during the period. State Street Corp owned 1.26% of RealNetworks worth $2,038,000 as of its most recent SEC filing. Institutional investors own 52.06% of the company’s stock.

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RealNetworks Company Profile

RealNetworks, Inc creates applications and services that enable to connect with digital media. The Company connects consumers with their digital media directly and through partners, focusing on supporting various network, devices, media types and social networks. It operates through three segments: Consumer Media, Mobile Services and Games.

Earnings History for RealNetworks (NASDAQ:RNWK)

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