Thursday, July 29, 2004

The Seattle Times: Business & Technology: RealNetworks' 2nd-quarter revenue soars

The Seattle Times: Business & Technology: RealNetworks' 2nd-quarter revenue soars "RealNetworks yesterday reported its highest quarterly revenue in nearly four years — and the second-highest in its history — as its digital-music and Internet-game sales continued to grow.
The Seattle digital-media company said it was still on track to become profitable by the end of this year, excluding legal expenses related to its antitrust lawsuit against rival Microsoft.
For its second quarter, ended June 30, RealNetworks reported $65.5 million in revenue, up 32 percent from the same period in 2003. The company reported a $4.6 million net loss, or 3 cents per share, in the quarter, compared with a $9.6 million net loss, or 6 cents per share, for the same period in 2003.
...
Revenue from business products and services fell 25 percent from the year-ago quarter to $12.4 million. Chief Executive Rob Glaser said some key deals in this area took longer than expected to close, and will be counted in the current quarter."

In other words, for the last quarter, Real Networks was ~81% consumer products/services.
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