Reading International Inc. (RDI) 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.
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