READING INTERNATIONAL INC


Associated tags: RDI, Cannon Park, Consolidated Theatres, State Cinema, Family, Belmont, Victoria, International, Reading Cinemas, Film industry, Sale, Food, Angelika, Angelika Film Center

Locations: READING, NYC, NORTH AMERICA, CULVER CITY, CA, US, UNION SQUARE, PENNSYLVANIA, CALIFORNIA, WESTERN AUSTRALIA, HOLLYWOOD, UNITED STATES, AUSTRALIA, NEW YORK CITY, NEW ZEALAND, PETCO, AU, LOS ANGELES, HAWAII, NEW YORK

Reading International Reports Second Quarter 2023 Results

Retrieved on: 
Monday, August 14, 2023

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “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 second quarter ended June 30, 2023.

Key Points: 
  • Scheduled to Post to Corporate Website on Wednesday, August 16, 2023
    NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “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 second quarter ended June 30, 2023.
  • President and Chief Executive Officer, Ellen Cotter said, “Our second quarter operating results were strong, with $65 million in global total revenue and $1.8 million of global operating income, delivering the best performance since the fourth quarter of 2019.
  • Additionally, we are monitoring the WGA and SAG-AFTRA strikes and potential impacts to the 2023 and 2024 movie release schedules.
  • The changes between the second quarter of 2023 and the second quarter of 2022 were primarily attributable to the rent recognized in Q2 2023 from our Petco tenancy at our 44 Union Square property that did not occur in the same period of the prior year.

Barbenheimer generates “Atomic” Box Office for Reading International, Inc.

Retrieved on: 
Wednesday, July 26, 2023

Ellen Cotter, President, and Chief Executive Officer stated, “Driven by the stellar record setting opening of Barbie and Oppenheimer, our global Box Office Revenues for the weekend of July 21, 2023 delivered the best global weekend Box Office Revenues since the opening of Avengers: Endgame in April 2019.

Key Points: 
  • Ellen Cotter, President, and Chief Executive Officer stated, “Driven by the stellar record setting opening of Barbie and Oppenheimer, our global Box Office Revenues for the weekend of July 21, 2023 delivered the best global weekend Box Office Revenues since the opening of Avengers: Endgame in April 2019.
  • The powerful marketing efforts of Warner Bros and Universal Studios, which resulted in the Barbenheimer double feature cultural phenomenon, drove the weekend Box Office Revenues for the July 21st weekend, to exceed the corresponding weekend in July 2019, on a same store basis, by almost 60%.
  • Each of our cinema divisions generated impressive percentage increases over the same weekend in 2019 – the United States 76%, Australia 50% and New Zealand 46%.
  • We were thrilled that Saturday, July 22, and Sunday, July 23, represented the two highest Box Office Revenue trading days in our Australian circuit’s history.

Reading International Reports First Quarter 2023 Results

Retrieved on: 
Monday, May 15, 2023

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “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 first quarter ended March 31, 2023.

Key Points: 
  • Scheduled to Post to Corporate Website on Wednesday, May 17, 2023
    NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “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 first quarter ended March 31, 2023.
  • Net loss attributable to Reading International, Inc. was $11.1 million, compared to a net loss of $15.4 million for Q1 2022.
  • The Q1 2023 U.S. industry box office performed proportionately better quarter over quarter vs. the Australian industry box office.
  • Questions and topics for consideration should be submitted to [email protected] by 5:00 p.m. Eastern Time on May 16, 2023.

Reading International Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, April 3, 2023

NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI), 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, 2022.

Key Points: 
  • Net income decreased from a gain of $0.3 million in Q4 2021 to a net loss of $13.2 million.
  • Negative Adjusted EBITDA of $0.1 million in 2022 compared to an Adjusted EBITDA of $74.2 million in 2021.
  • As of December 31, 2022, our total outstanding bank borrowings were $215.6 million against total book value assets of $587.1 million.
  • Questions and topics for consideration should be submitted to [email protected] on April 3, 2023 by 5:00 p.m. Eastern Standard Time.

Reading International Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, November 9, 2022

NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “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 third quarter ended September 30, 2022.

Key Points: 

Date of Virtual 2022 Annual Meeting of Stockholders Announced by Reading International

Retrieved on: 
Friday, October 7, 2022

NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) announced today that Reading will hold its 2022 Annual Meeting of Stockholders (the 2022 Annual Meeting) virtually through a web-based platform, commencing at 2:00 p.m. Eastern Time, on December 15, 2022.

Key Points: 
  • NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) announced today that Reading will hold its 2022 Annual Meeting of Stockholders (the 2022 Annual Meeting) virtually through a web-based platform, commencing at 2:00 p.m. Eastern Time, on December 15, 2022.
  • Registered stockholders and duly appointed proxyholders, as of the close of business on October 26, 2022 (the record date for the 2022 Annual Meeting), are entitled to attend and participate in the virtual 2022 Annual Meeting.
  • Details of how to register for and access the virtual 2022 Annual Meeting will be provided in the Companys 2022 Definitive Proxy Statement.
  • Whether or not stockholders plan to participate in the virtual-only 2022 Annual Meeting, we urge you to vote and submit your proxy in advance of the meeting by one of the methods that will be described in the proxy materials for the 2022 Annual Meeting.