earnings
confidence high
sentiment positive
materiality 0.72
Reading International Q2 revenue up 79% to $64.5M; operating loss narrows to $1.6M
READING INTERNATIONAL INC
2022-Q2 EPS reported
-$0.81
revenue$104,712,000
- Q2 2022 revenue $64.5M vs $36.0M YoY; operating loss -$1.6M vs -$12.5M.
- Basic loss per share $0.11 vs EPS $1.04 in Q2 2021 (prior year had property sale gains).
- Cinema segment revenue $61.8M (+$29.1M), operating income $3.5M vs -$7.3M loss.
- Real estate revenue $4.0M, operating loss -$0.09M (improved from -$1.0M).
- Cash $49.9M; debt $228.6M; courts approve Cotter sisters' control of ~72% Class B voting stock.