UPDATE: RealNetworks Posts FQ2 Profit

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RealNetworks (NASDAQ: RNWK) reported a profit in the fiscal second quarter. RealNetworks posted a quarterly profit at $81 million, or $2.32 per share, versus a year-ago loss of $6.8 million, or $0.20 per share. Its revenue dropped to $65.6 million, from $83.8 million, in the year-ago period. Its adjusted loss came in at $6.5 million. However, analysts were expecting a loss of $0.36 per share on revenue of $67.6 million. RealNetworks expects Q3 adjusted loss of $9 million to $12 million on revenue of $59 million to $62 million.RealNetworks shares closed at $8.04 yesterday.

Crypto Whales Are Loading Up — Are You?

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