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| UPDATED: 2007-02-15 |
 RealNetworks 4thQ Profits Fall 
By: Bruce Houghton 2007-02-15 RealNetworks reported a lower quarterly profit yesterday dues to sharply reduced income from a legal settlement with Microsoft and forecast full-year results below expectations. Fourth-quarter net income was $39.3 million compared with $295.6 million in the previous year. Both quarters included proceeds from the settlement with Microsoft but it was a much smaller sum in the most recent quarter than the $400 million a year ago. Other revenues actually rose to $125.6 million from $83.6 million a year ago; providing some cause for optimism if the company can rain in spending. Wall Street agreed sending the stock up 3% in after hours trading yesterday. Comments Add to  Del.icio.us |  Digg |  Reddit |  Furl View All Articles by Bruce Houghton About the Author: Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations. http://www.hypebot.com |
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