Launch of RealOne RHAPSODY and Agreement with Vodafone for Helix
SEATTLE, July 23 /PRNewswire-FirstCall/ -- RealNetworks(R), Inc.
(Nasdaq: RNWK), the leading global provider of network-delivered
digital audio and video services, today announced results for the
quarter ended June 30, 2003. For the second quarter of 2003, revenue
was $49.6 million, up 6% from the first quarter of 2003, and up 13%
from the second quarter of 2002. Net loss was $9.6 million or ($0.06)
per share. Included in net loss was a charge of $7.1 million, or
($0.04) per share for an accrual related to a loss on excess office
facilities. Excluding the lease loss accrual, the loss of ($0.02) per
share met the guidance provided last quarter, and compares with a net
loss of ($0.02) per share for the first quarter of 2003 and a net loss
of ($0.01) per share for the second quarter of 2002.