RealNetworks is Profitable Again

Oct 30th, 2009 - PC Magazine

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LOS ANGELES (Reuters) - U.S. digital media company RealNetworks Inc swung back into the black in the third quarter as cost-cutting offset sliding revenue from music and games.

RealNetworks, which delivers music and other entertainment content to computers and mobile devices, saw a meager net profit of $1.5 million—a gain of less than 1 cent per share—compared with a net loss of $4.5 million, or 3 cents per share, a year earlier.

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