Reading Int'l Q1 revenue $40.2M (nearly double), net loss $15.4M vs prior-year profit

READING INTERNATIONAL INC

2022-Q1 EPS reported -$0.70 revenue$40,200,000

Revenue $40.2M, nearly double $21.3M YoY; operating loss improved to ($11.8M) from ($14.0M).
Net loss $15.4M vs net income $19.0M; basic EPS ($0.70) vs $0.87, impacted by prior-year property sales.
Cinema segment revenue $37.3M (+$19.2M YoY); operating loss ($7.1M) improved $1.1M.
Real estate segment revenue $4.2M (+$0.8M); operating income $0.1M vs prior-year loss.
Cash $67.3M; total debt $238.1M; extended Cinemas 1,2,3 loan maturity to Oct 1, 2022.

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