Reading International, Inc Class A Common Stock
RDIReading International, Inc. Class A (RDI) is a diversified company primarily engaged in the operation of theaters and real estate development. It owns and manages a portfolio of cinema theaters, retail, and entertainment properties mainly in the United States and Australia. The company's business combines media and entertainment services with real estate investment and development activities, leveraging its diverse assets across different regions.
Company News
Reading International reported strong Q2 2025 financial results, with total revenues increasing 29% to $60.4 million, operating income improving to $2.9 million, and positive EBITDA of $6.3 million, driven by successful cinema performance and strategic property sales.
Reading International, a cinema and real estate company, reported a decrease in Q1 2025 revenue due to lower cinema attendance and foreign exchange impacts, but saw improvements in operating loss and EBITDA. The company also announced the sale of its Wellington, New Zealand properties and plans to renovate its Courtenay Central cinema.
Reading International, Inc. reported its Q4 and full-year 2024 results. The company's cinema and real estate businesses saw mixed performance, with the cinema business impacted by the lingering effects of the 2023 Hollywood strikes, while the real estate division performed well.
Reading International, Inc. reported its Q4 and full year 2024 financial results. The company's Q4 2024 performance was strong, with increased revenues, operating income, and EBITDA compared to Q4 2023. However, the full year 2024 results were behind 2023 due to the lingering impacts from industry-wide movie release schedule shifts from the 2023 ...
Reading International, Inc. has entered into an agreement to sell its properties in Wellington, New Zealand to Prime Property Group for NZ$38 million. The sale is expected to close in the first quarter of 2025, and Reading Cinemas Courtenay Central Limited will lease back the cinema in the Courtenay Central building after it is seismically upgrad...
