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Reading International Q4 Loss Narrows

Reading International Inc. (RDI) reported a narrow fourth-quarter net loss attributable to common shareholders of $1.27 million compared to $5.03 million in the year ago quarter, helped by improved revenues and lower interest expenses from the year-ago quarter. On a per share basis, net loss for the quarter shrunk to $0.06 from $0.22 in the year-ago quarter.

Meanwhile, quarterly revenue from operations grew to $65.11 million from $57.52 million in the year ago quarter.

by RTTNews Staff Writer

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