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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: sixty2nds who wrote (5817)8/2/2005 4:43:17 PM
From: sixty2nds  Read Replies (1) of 5843
 
16:18 RNWK RealNetworks beats by $0.04; guides; announces $75 mln stock repurchase

Reports Q2 (Jun) earnings of $0.05 per share, excluding non-recurring items, $0.04 better than the Reuters Estimates consensus of $0.01; revenues rose 26.3% year/year to $82.7 mln vs the $80.7 mln consensus. Co issues guidance for Q3, sees EPS of $0.06-0.07, ex items vs. $0.01 consensus; sees Q3 revs of $80-82 mln vs. $82.35 mln consensus. Co guides for FY05, sees EPS of $0.06-0.08 up from prior guidance of $0.02-0.04, including items, which may not be comparable to the $0.04 consensus. Excluding unusual items the company sees FY05 EPS of $0.14-0.16 up from $0.10-0.12. Co sees FY05 revs of $323-333 m vs. $326.45 mln consensus. Real also today announced that its Board of Directors has authorized the repurchase of up to $75 million of the Company's outstanding common stock.
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