secwatch.observer — SEC 8-K summary
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Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000716634-24-000037
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reading Intl Q3 2024 revenue falls 10% to $60.1M; net loss widens to $6.9M
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- Total revenue $60.1M vs $66.6M a year ago; operating loss $0.2M vs income $1.0M.
- Net loss attributable to Reading $6.9M ($0.31 loss per share) vs $4.4M ($0.20 loss) in Q3 2023.
- Adjusted EBITDA dropped 52% to $2.9M from $6.1M; global cinema operating income fell to $2.3M.
- Australian cinema revenue of $24.7M set a Q3 record; global real estate operating income rose 52% to $1.4M.
- Cash $10.1M, total debt $215.0M; company working to improve liquidity via asset sales and loan modifications.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663424000037/0000716634-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663424000037/rdi-20241114x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-24-000037

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