Dramatic decline on the $1.3m loss posted for 2Q 2008.
Real's revenue fell 11 per cent to $135.7 million compared with a year ago. Analysts had expected $136.25 million, according to Reuters estimates.
Rob Glaser, RealNetworks' Chairman and CEO, said the figures were stable and predicted improvement. "In spite of a difficult consumer environment, our business remained relatively stable in the second quarter.
"Looking forward, even though we expect the economy to remain weak, we expect to show sequential improvement in the second half of the year based in part on new products such as our innovative RealPlayer SP."
The figures showed a nine per cent increase in music revenue to $40.5 million, a ten per cent decrease in technology products revenue to $46.2 million, a 15 per cent decrease in games revenue to $29.8 million, and a 34 per cent decrease in media software and services revenue to $19.3 million.
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