Bialek said he was exiting after three years for personal reasons and not because of a lack of faith in the company. He will stay on as a part-time strategic adviser.
For the quarter ended June 30, the web software company reported pro forma income (as opposed to the amateur variety) of $2.4 million, or a penny a share, a drop from pro forma income of $10.6 million, or 6 cents a share, the same time last year.
The company had a net loss of $19.2 million, or 12 cents a share, compared to a loss of $27.2 million, or 18 cents a share, in the same period last year. Revenue for the quarter was $47.9 million, compared with $62.7 million a year ago. For the six months ended June 30, RealNetworks had pro forma income of $5.9 million, or 4 cents a share on revenue of $98.2 million, compared with $19.4 million, or 11 cents a share, on revenue of $116.2 million a year earlier.
The company lost $43.6 million, or 27 cents a share, in the first half of 2001, compared with a loss of $46 million, or 30 cents a share, last year.
"That’s a heckuva lotta numbers," said HITS’ on-staff analyst. "We predict that a bunch more numbers will be reported in the third quarter too."
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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