Reading Intl Q2 2023 revenue $65.1M, best since pre-pandemic; July sets cinema record

READING INTERNATIONAL INC

2023-Q2 EPS reported -$0.63 revenue$110,861,000

Global revenue $65.1M (flat YoY); operating income $1.8M vs -$1.6M loss in Q2 2022.
Net loss attributable to Reading $2.8M vs $2.4M loss in Q2 2022 due to higher interest expense.
Cinema segment operating income $4.5M, +30% YoY; July 2023 set all-time monthly cinema revenue record.
Real estate segment revenue $5.2M (+29% YoY); operating income $1.3M vs -$0.1M loss.
Listed for sale: Culver City office, Williamsport industrial site, Australia cinema; exploring Cinemas 123 sale for liquidity.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

READING INTERNATIONAL INC reported the second quarter ended June 30, 2023 results: revenue $65.1 million, net income net loss attributable to Reading International, Inc. for the quarter ended June 30, 2023, increased from a loss of $2.4.

Period: the second quarter ended June 30, 2023
Revenue: $65.1 million
Net income: net loss attributable to Reading International, Inc. for the quarter ended June 30, 2023, increased from a loss of $2.4
Result: reported results

Exact text from the filing

its results for the second quarter ended June 30, 2023 . President and Chief Executive Officer, Ellen Cotter said, “ Our second quarter operating results were strong , with $ 65 million in global t otal r evenue and $ 1.8 million of global o perating i ncome, delivering the best performance since the fourth quarter of 2019. O ur global cinema business delivered

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Source: SEC EDGAR

accession 0000716634-23-000018

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