Reading International Q1 2025 net loss narrows 64% to $4.8M; revenues down 11% to $40.2M

READING INTERNATIONAL INC

2025-Q1 EPS reported -$0.21 vs consensus -$0.41 ▲ beat (+48.8%)

Total revenues $40.2M, down from $45.1M in Q1 2024; cinema attendance softened by lingering Hollywood strikes and screen closures.
Net loss attributable to Reading $4.8M ($0.21/sh), improved from $13.2M loss ($0.59/sh) a year earlier.
Positive EBITDA of $2.9M vs. loss of $4.0M in Q1 2024, aided by $6.6M book gain from Wellington NZ property sale.
Sold Wellington properties for NZ$38M; used proceeds to pay off NZ$18.8M Westpac loan and reduce Bank of America debt by $6.1M.
Contracted to sell Cannon Park (Townsville, Australia) for AU$32M; proceeds earmarked for further debt reduction.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.