secwatch / observer
8-K filed April 3, 2024, 7:59 PM ET ticker RDI CIK 0000716634
earnings confidence high sentiment neutral materiality 0.70

Reading International reports FY2023 revenue +10% to $222.7M; net loss improves 15% to $30.7M

READING INTERNATIONAL INC

2024-Q1 EPS reported -$0.59 revenue$45,052,000

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 year ended December 31, 2023 results: revenue $222.7 million, net income $30.7 million, EPS $1.38.

Period
the year ended December 31, 2023
Revenue
$222.7 million
Net income
$30.7 million
EPS
$1.38
Result
reported results
Exact text from the filing
releases are being well received by movie patrons and, generally speaking, things are moving in the right direction for our Company.  · Total Revenues increased by 10% to $ 222.7 million from $ 203.1 million . · Operating Loss reduced by 58% to $ 12 million from $ 28.5 million . · Adjusted EBITDA significantly increased by $ 7.8 2 million from a negative $ 0. 06
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

READING INTERNATIONAL INC reported the quarter ended December 31, 2023 results: revenue $45.3 million, net income $12.4 million, EPS $0.56.

Period
the quarter ended December 31, 2023
Revenue
$45.3 million
Net income
$12.4 million
EPS
$0.56
Result
reported results
Exact text from the filing
total revenue is generated in Australia and New Zealand.  Fourth Quarter 2023 Summary compared to fourth quarter 2022  · Total Revenues decreased by 4.0% (or $1.9 million) to $45.3 million compared to $47.2 million . · Operating Loss improved 17.2% to $7 million compared to a net loss of $8.4 million. · Net loss improved 6.3% to $12.4 million compared to a loss of
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

READING INTERNATIONAL INC amended Waiver and Sixth Amendment to Second Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer (effective 2024-03-27).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer
Effective
2024-03-27
Exact text from the filing
On March 27, 2024, Consolidated Amusement Holdings, LLC (“CAH”), a subsidiary of Reading International, Inc. (the “Company”), and other affiliates of CAH (the “Guarantors”), entered into a Waiver and Sixth Amendment to Second Amended and Restated Credit Agreement (the “Amendment”) that amended certain terms of the Second Amended and Restated Credit Agreement, dated as of March 6, 2020, among CAH, the Guarantors, the Lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer (as amended and supplemented, the “BofA Credit Facility”).
View on SEC.gov

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READING INTERNATIONAL INC filing history →

Source: SEC EDGAR
accession 0000716634-24-000012
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