SEATTLE (AP) _ RealNetworks Inc. (RNWK) on Wednesday reported a loss of $10.4 million in its first quarter.
The Seattle-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs and restructuring costs, were 8 cents per share.
The software and service provider for digital entertainment companies posted revenue of $15.9 million in the period.
For the current quarter ending in July, RealNetworks said it expects revenue in the range of $14 million to $15.5 million.
The company's shares closed at $2.41. A year ago, they were trading at $1.32.
The Associated Press