Internet
Updated from 4:40 p.m. EST RealNetworks RNWK surpassed Wall Street's fourth-quarter forecast late Wednesday but offered a weak outlook for the current quarter and year ahead. The Seattle-based media company's stock recently slipped by a penny to $10.66 in after-hours trading. RealNetworks said fourth-quarter revenue totaled $125.6 million, rising from $83.6 million in the same quarter 2005. Real posted net income of $39.3 million, or 22 cents a share, falling from $295.6 million, or $1.61 a share, in the same period a year ago. Both results include payments related to the company's antitrust settlement with Microsoft MSFT. Thomson First Call analysts polled pegged Real for 21 cents a share on sales of $120.4 million. The company posted an adjusted profit of $9.9 million, or 5 cents a share, vs. a loss of $6.1 million, or 4 cents a share, in the same quarter last year. Real's online music segment posted $33.6 million in sales, up 21% over the same quarter last year, while its growing games division jumped 52% to $23.9 million. Media software and services posted $30.5 million in sales, 2% better over the same period last year. Technology products totaled $37.6 million, up 270% but that included $26.7 million in revenue related to the newly-acquired WiderThan, which Real picked up last fall.
Long-term investors see a potential for another stock run-up.
Revenue jumps more than 27%.
The Web giant's mobile efforts could help it reclaim its reputation as an innovator.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
Keep on top of the market and the critical information you need to make more profitable investing decisions.
Sponsored by:

ACCESS REALMONEY

