secwatch.observer — SEC 8-K summary
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Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0000716634-21-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reading International Q3 net loss narrows to $10.1M; revenue up 212% to $31.8M
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- Net loss improved from ($19.2M) to ($10.1M) YoY; basic loss per share from ($0.88) to ($0.46).
- Global revenues $31.8M (+212% YoY) driven by US cinema reopenings and blockbuster releases.
- Sold five real estate assets in 2021 for $141.9M gross, reducing total debt to $245.8M and cash to $90.9M.
- As of Sept 30, 43 of 62 cinemas open; all Australian cinemas reopened by Oct 29, 2021.
- Real estate segment operating loss of ($1.5M) due to 44 Union Square costs and Auburn/Redyard sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663421000031/0000716634-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663421000031/rdi-20211109x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-21-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer