secwatch.observer — SEC 8-K summary
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Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0000716634-23-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663423000014/0000716634-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663423000014/rdi-20230515x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-23-000014

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