---
schema_version: "secwatch.filing_event.v1"
accession: "0000716634-23-000014"
form_type: "8-K"
ticker: "RDI"
cik: "0000716634"
company_name: "READING INTERNATIONAL INC"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:47:45.210032+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Reading International Q1 revenue $45.8M (+14%), loss narrows to $7.9M; negative EBITDA improves 60%

## Summary
- Global revenue $45.8M (+14% YoY); operating loss -$7.9M (improved from -$11.8M); net loss -$11.1M.
- Basic loss per share -$0.50 (improved from -$0.70); Adjusted EBITDA negative -$2.8M (improved 60%).
- Cinema segment revenue $42.0M (+12%); operating loss -$4.6M (improved 36%). Real estate revenue $5.1M (+22%); operating income $1.0M.
- Bank of America facility maturity extended to Sep 2024; monthly payments of $725k start May 2023 with balloon upon maturity.

## SEC filing metadata
- accession: 0000716634-23-000014
- form_type: 8-K
- ticker: RDI
- cik: 0000716634
- company_name: READING INTERNATIONAL INC
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716634/000071663423000014/0000716634-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716634/000071663423000014/rdi-20230515x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000716634-23-000014
- JSON: https://secwatch.observer/filing/0000716634-23-000014.json
- Plain text: https://secwatch.observer/filing/0000716634-23-000014.txt

## Key facts
- Earnings Releases
  READING INTERNATIONAL INC reported the first quarter ended March 31, 2023 results: revenue $45.8 million, net income $11.1 million, EPS $0.50.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $45.8 million
  - Net income: $11.1 million
  - EPS: $0.50
  - Result: reported results
  source text: assets, together with our dedicated global team, continue to drive improvement across our portfolio.”  Key Financial Results – First Three Months of 2023  · Global revenue of $ 45.8 million increase d by 14% from $ 40.2 million in Q1 2022.  · Operating loss was reduced by approximately 33% to a loss of $ 7.9 million, compared to an operating loss of $ 11.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/716634/000071663423000014/0000716634-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.