Reading International Reports Fourth Quarter and Full Year 2023 Results
Reading International Inc - Class A Non-voting (RDI)
Last reading international inc - class a non-voting earnings: 8/9 03:22 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2023. Full Year 2023 Summary compared to 2022 Notwithstanding the Writers and Actors strikes (the “2023 Hollywood Strikes”) that effectively shut down Hollywood for months in 2023 and a 525-point spike in interest rates since March 2022, new movie releases are being well received by movie patrons and, generally speaking, things are moving in the right direction for our Company. Total Revenues increased by 10% to $222.7 million from $203.1 million.Operating Loss reduced by 58% to $12 million from $28.5 million.Adjusted EBITDA significantly increased by $7.82 million from a negative $0.06 million to a positive $7.76 million, and excluding the impa
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News
- Reading International, Inc. (NASDAQ: RDI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reading International, Inc. (NASDAQ: RDI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reading International, Inc. (NASDAQ: RDI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reading International Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Reading International, Inc. (NASDAQ: RDI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
RDI
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- RDI's page on the SEC website