Reading International Inc. (RDI: Quote) reported a second-quarter net income attributable to common shareholders of $239,000 compared to a net income of $17.4 million in the year ago quarter, driven primarily by the one-time tax provision adjustment of $14.4 million and the $1.7 million sale of our Elsternwick Cinema in the 2011 Quarter. On a per share basis, net income for the quarter decreased to $0.01 from $0.76 last year.
Revenue from operations for the quarter decreased to $63.1 million from $67.2 million in the year ago quarter.
Click here to receive FREE breaking news email alerts for Reading International Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com