SEATTLE-RealNetworks Inc. released its first quarter 2003 financial results and announced it has reached the 1 million customer mark for its online entertainment subscription service.
The company reported a net loss of $2.8 million or 2 cents per share, a drop from the year-ago profit of $1 million or 1 cent per share. Revenues for the quarter were down slightly to $46.9 million.
Shares of RealNetworks were trading up almost five percent at $5.25 per share a day after the earning were released.
