Tuesday, November 2, 2010

RealD Revenues Up

Los Angeles-based RealD, the provider of 3D movie projection technology, has reported its quarterly results today, saying it had net revenues of $65.3M for its quarter ended September 24, 2010. The revenues were up by 69 percent from its second quarter last year, when it had $38.7M in revenues. For the six months ending September 24th, the firm's first half fiscal 2011, the firm had net revenues of $129.8M, more than double the $64.2M it saw in the six months ending September 25, 2009. RealD also reported that it now has 9,300 screens deployed worldwide. RealD is one of Southern California's newest public firms; the firm recently completed an IPO in July on the NYSE, and this is the firm's first quarterly earnings report since the firm hit the public markets.

---