secwatch.observer — SEC 8-K summary
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Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0000716634-24-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reading International reports FY2023 revenue +10% to $222.7M; net loss improves 15% to $30.7M
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- Total revenues $222.7M (up 10% YoY); operating loss reduced 58% to $12M.
- Net loss attributable to Reading $30.7M (from $36.2M); basic EPS loss $1.38 (improved from $1.64).
- Adjusted EBITDA turned positive to $7.76M from negative $0.06M in 2022.
- Bank of America credit facility maturity extended to Aug 18, 2025; $275K mandatory paydown, minimum liquidity covenant eliminated.
- Original Apr 1 earnings release misclassified debt; corrected Apr 2 shows current debt $34.5M, long-term $146.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663424000012/0000716634-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663424000012/rdi-20240327x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-24-000012

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