Shares of RealNetworks Inc (NASDAQ:RNWK) reached a new 52-week low during trading on Thursday . The stock traded as low as $2.25 and last traded at $2.25, with a volume of 8805 shares. The stock had previously closed at $2.41.
RealNetworks (NASDAQ:RNWK) last posted its earnings results on Wednesday, August 1st. The technology company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.07). The company had revenue of $15.72 million for the quarter. RealNetworks had a negative return on equity of 26.75% and a negative net margin of 18.52%.
In other RealNetworks news, CEO Robert Glaser acquired 12,607 shares of the company’s stock in a transaction on Wednesday, August 15th. The shares were bought at an average cost of $3.44 per share, with a total value of $43,368.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have purchased 82,160 shares of company stock worth $286,003. 39.50% of the stock is owned by corporate insiders.
RealNetworks Company Profile (NASDAQ:RNWK)
RealNetworks, Inc provides network-delivered digital media applications and services to manage, play, and share digital media. Its Consumer Media segment offers RealPlayer media player software, which enables consumers to discover, play, download, manage and edit digital video, stream audio and video, download and save photos and videos from the Web, transfer and share content on social networks, and edit their own photo and video content.
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