Key Developments: RealNetworks Inc (RNWK.O)
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Latest Key Developments (Source: Significant Developments)
RealNetworks Inc Issues Q2 2013 Guidance
RealNetworks Inc announced that for the second quarter of 2013, it expects revenue of $49 million to $52 million and adjusted EBITDA loss of $(7) million to $(10) million. Full Article
RealNetworks Inc Issues Q1 2013 Guidance
RealNetworks Inc announced that for the first quarter of 2013, it expects revenue of $50.0 million to $53.0 million and adjusted EBITDA loss of $(7.0) million to $(10.0) million. Full Article
Deutsche Telekom Selects RealNetworks Inc To Power Ringback Tones
RealNetworks Inc announced that it has been selected by Deutsche Telekom, to offer a fully managed ringback tone service to more than 44 million mobile subscribers across Germany, Austria and the Czech Republic. Full Article
RealNetworks Inc Issues Q4 2012 EBITDA Guidance; Revenue Guidance In Line With Analysts' Estimates
RealNetworks Inc announced that for the fourth quarter of 2012, it expects revenue of $60.0 million to $63.0 million and adjusted EBITDA loss of $(4.0) million to $(7.0) million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $62 million for the fourth quarter of 2012. Full Article
RealNetworks, Inc. Issues Q3 2012 EBITDA Guidance; Issues Q3 2012 Revenue Guidance Below Analysts' Estimates
RealNetworks, Inc. announced that for the third quarter of 2012, it expects revenue of $59 million to $62 million and adjusted EBITDA loss of $(9) million to $(12) million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $69 million for the third quarter of 2012. Full Article
RealNetworks, Inc. Appoints Rob Glaser As Interim Chief Executive Officer
RealNetworks, Inc. announced that Thomas Nielsen has resigned as President and Chief Executive Officer (CEO). RealNetworks chairman and founder Rob Glaser has been appointed Interim CEO, effective immediately. The Board of Directors has begun a search for a new CEO. Glaser said he is not a candidate for the permanent CEO position. No further changes in leadership are expected. Full Article
RealNetworks, Inc. Issues Q2 2012 Revenue Guidance In Line With Analysts' Estimates; Comments On Q2 2012 EBITDA Guidance
RealNetworks, Inc. announced that for the second quarter of 2012, it expects revenue of $66 million to $69 million and second-quarter adjusted EBITDA loss similar to that of the first quarter of 2012. The Company reported adjusted EBITDA loss of $(7.417) million in the first quarter of 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $69 million for the second quarter of 2012. Full Article
RealNetworks, Inc. Names Tim Wan As Chief Financial Officer
RealNetworks, Inc. announced the appointment of Tim M. Wan as Chief Financial Officer and Treasurer, effective April 18, 2012. He replaces Michael Eggers, who announced his resignation earlier this year. Full Article
RealNetworks, Inc. And Idea Cellular Partner For Ringback Tone (rbt) Service In India
RealNetworks, Inc's RealNetworks India Pvt. Limited announced that it has inked a long-term Ringback Tone (RBT) partnership with Idea Cellular. Idea Cellular is mobile services operator with over 100 million subscribers. RealNetworks won the deal after a rigorous open bidding process ahead of many global and India VAS players. Full Article
RealNetworks, Inc. Issues Q1 2012 Revenue Guidance Below Analysts' Estimates; Comments On Q1 2012 EBITDA Guidance
RealNetworks, Inc. announced that for the first quarter of 2012, it expects revenue of $65 million to $68 million and adjusted EBITDA for the quarter to be negative, excluding the net effect of the sale of patent and other assets to Intel Corp. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $76 million for the first quarter of 2012. Full Article
Earnings vs. 
Estimates
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