RealNetworks, Inc. (RNWK) reported a net loss for the third quarter of $22.2 million or $0.63 per share, compared to a net loss of $5.2 million or $0.15 per share for the year-ago quarter.
The latest quarter results include restructuring charges of $11.0 million mainly for employee severance costs, costs associated with the transfer of some SaaS contracts to Livewire Mobile, Inc., and a loss on excess office facilities; and $2.2 million in gains on the sale of a portion of the company's investment in LoEn Entertainment, Inc. Revenue for the third quarter fell 30% to $59.09 million from $84.41 a year ago.
Looking forward, the company forecast fourth quarter revenue of $60.0 million to $63.0 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.