Reading International

Reading International, Inc. is an entertainment and real estate company, which engages in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through the Cinema Exhibition and Real Estate segments. The Cinema Exhibition segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, City Cinemas, 44 Union Square, and Liberty Theatres brands. The Real Estate segment comprises real estate development and the rental or licensing of retail, commercial and live theater assets. The company was founded by James J. Cotter Sr. in 1999 and is headquartered in Culver City, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Reading International reports revenue growth but faces challenges in Q4

Reading International delivered strong revenue growth in 2022 but faced challenges in Q4, leading to a net loss.
The company's real estate division showed resilience, supported by high occupancy rates and notable lease agreements.
Efforts to manage liquidity, address loan obligations, and work with landlords for occupancy relief are key focus areas.

Reading International reports solid Q1 performance amidst industry challenges

Reading International's Q1 2023 performance reflected revenue growth and operational improvements amidst challenges like foreign exchange and inflation.
The company's proactive stance on addressing financial metrics and upcoming initiatives in key markets positions it for future growth and resilience.
Navigating challenges while leveraging opportunities in the cinema industry will be crucial for Reading International's sustained success and financial health.

Reading International (RDI) reports resilient Q2 performance amidst financial challenges

Reading International (RDI) showcased strong revenue performance in Q2 2023 driven by cinema and real estate businesses.
While facing challenges such as net loss and operational complexities, the company is actively addressing financial stability and growth strategies.
Opportunities in asset monetization, investor relations, and strategic business decisions position Reading International for future success and value creation.

Reading International (RDI) reports robust Q3 performance and strategic initiatives

Reading International (RDI) delivered a strong Q3 2023 performance with improved revenue and operating income across key divisions.
The company is actively addressing liquidity concerns through asset sales and operational efficiency enhancements.
Challenges related to underperforming theaters and market conditions require strategic planning and proactive management.
Opportunities exist in maximizing asset value, addressing liquidity, and pursuing strategic redevelopment plans for future growth.

Reading International reports strong 2023 revenue growth and strategic expansion

Reading International's 2023 performance was marked by revenue growth, successful movie releases, and operational milestones.
Despite challenges like Hollywood strikes and pandemic impacts, the company remains resilient and committed to strategic growth initiatives.
Opportunities lie in asset sales, real estate redevelopment, cost-saving measures, and financial restructuring for Reading International.
Addressing challenges and leveraging strengths position Reading well for future growth and financial stability.

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Reading International, Inc. is an entertainment and real estate company, which engages in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through the Cinema Exhibition and Real Estate segments. The Cinema Exhibition segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, City Cinemas, 44 Union Square, and Liberty Theatres brands. The Real Estate segment consists of real estate development and the rental or licensing of retail, commercial and live theater assets. The company was founded by James J. Cotter Sr. in 1999 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the second quarter ended June 30, 2022. President and Chief Executive Officer, Ellen Cotter said, “We continue to make great strides in our post-pandemic recovery, achieving worldwide revenues of $64.5 million, a 79% increase from revenues of

Reading International Reports Second Quarter 2022 Results and COVID-19 Business Update

A performance review explains strong relative gains this past week for initial picks. 5 new buy signals are discussed.

Volume Breakout Report: July 30, 2022 (Technical Analysis)

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), a leading entertainment and real estate company, announced today that company executives will be presenting in-person at the Gabelli & Company's 14th Annual Entertainment & Broadcasting Symposium to be held at The Harvard Club in New York City on Thursday, June 2, 2022. The presentation will take place at 1:30 p.m. Eastern Time. Gilbert Avanes, Executive Vice President, Chief Financial Officer and Treasurer

Reading International to Present at Gabelli & Company's 14th Annual Entertainment & Broadcasting Symposium

Reading International Inc. (NASDAQ:RDI ) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Andrzej Matyczynski - EVP of Global Operations Ellen Cotter - President, CEO and Vice Chairman Gilbert Avanes - CFO, Executive VP and Treasurer Andrzej Matyczynski Thank you for joining Reading International's earnings call to discuss our 2022 first quarter results. My name is Andrzej Matyczynski, and I am Reading's Executive Vice President of Global Operations.

Reading International Inc. (RDI) CEO Ellen Cotter on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the first quarter ended March 31, 2022. President and Chief Executive Officer, Ellen Cotter said, “Our Company continues its path to recovery, achieving worldwide revenues of $40.2 million, nearly double revenues of $21.3 million for the same

Reading International Reports First Quarter 2022 Results and COVID-19 Business Update

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RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds will host its 14th Annual Entertainment & Broadcasting Symposium at the Harvard Club in New York City on Thursday, June 2, 2022. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals. It will also include a Sports Investing Panel. For those who cannot attend in person, the symposium will also be available via webcast

Gabelli Funds to Host 14th Annual Entertainment & Broadcasting Symposium Thursday, June 2, 2022

NEW YORK--(BUSINESS WIRE)--Angelika Film Center (an affiliate of Reading International, Inc. (NASDAQ:RDI)), with operating theaters across the nation in New York City, Texas, Washington, D.C., California and Virginia, and Sony Pictures Classics announced today a special "Bring A Friend Back To The Movies" initiative timed to the April 22, 2022 release of the upcoming Sony Pictures Classics dramatic comedy, The Duke starring Jim Broadbent and Helen Mirren. In addition, Angelika Film Center annou

Angelika Film Center and Sony Pictures Classics Launch “Bring A Friend Back To The Movies” Initiative for ‘The Duke' Starring Jim Broadbent & Helen Mirren

NEW YORK--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2021. President and Chief Executive Officer, Ellen Cotter said, “Our financial results for the fourth quarter 2021 were the strongest quarterly results since the onset of the pandemic. We reported significant im

Reading International Reports Fourth Quarter and Full Year 2021 Results and COVID-19 Business Update

NEW YORK--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced that its subsidiary, Reading Tammany Owner, LLC, has signed a multi-year lease with a leading international retailer for three levels (ground, second and cellar) of 44 Union Square in New York City. 44 Union Square is the newly redeveloped historic Tammany H

44 Union Square Leases Three Levels to National Retailer

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc., announced today that the James J. Cotter Living Trust (the “Living Trust”), consistent with its practice over the last few years, has entered into another Rule 10b5-1 trading plan (the “Trading Plan”), substantially similar to its earlier plans, pertaining to the sale by the Living Trust of up to 253,000 shares of Class A Non-Voting Common Stock over a period from January 31, 2022 to June 10, 2022, unless the Trading Plan is ter

James J. Cotter Living Trust Enters 10b5-1 Trading Plan in 2022

NEW YORK--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the third quarter ended September 30, 2021 President and Chief Executive Officer, Ellen Cotter said, “Our third quarter and October 2021 results paint a more positive picture about the cinema business as guests embrace a return to our cinemas

Reading International Reports Third Quarter 2021 Results and COVID-19 Business Update

HONOLULU--(BUSINESS WIRE)--Consolidated Theatres, an affiliate of Reading International, Inc. (NASDAQ: RDI), is continuing to invest in Hawaii communities, with a renovation double feature in the works at two of its key venues. The renovated Consolidated Theatres at Kahala Mall will reopen November 5, 2021, with renovations at Consolidated Theatres at Kapolei Entertainment Centre expected to be completed before the end of 2021. Building upon Consolidated Theatres' reputation of delivering enter

Consolidated Theatres Invests in Hawaii Moviegoers With Dynamic Renovations in Kahala and Kapolei

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) announced today that, due to the continued public health impact of the coronavirus pandemic (COVID-19) and to help protect the well-being of our stockholders, employees, family members and the communities in which they live, Reading will hold its 2021 Annual Meeting of Stockholders (the “2021 Annual Meeting”) virtually through a web-based platform, commencing at 11:00 a.m. Pacific Time, on December 8, 2021. Voting o

Date of Virtual 2021 Annual Meeting of Stockholders Announced by Reading International

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the second quarter ended June 30, 2021. President and Chief Executive Officer, Ellen Cotter said, “With 48 out of 62 global cinemas open as of June 30, 2021, we were pleased to see encouraging signs of recovery in most of our opera

Reading International Reports Second Quarter 2021 Results and COVID-19 Business Update

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GREENWICH, Conn.--(BUSINESS WIRE)--Gabelli Funds hosts its 13th Annual Entertainment & Broadcasting Conference today. The expanded conference will be held virtually. This research meeting will feature presentations by senior management of leading broadcasting and entertainment companies, with an emphasis on industry dynamics, new technologies and company fundamentals. It will also include a Sports Valuation Panel. Investors should contact Justin Cramer (914) 921-5387 or Katie Durkin (914) 9

Gabelli Funds 13th Annual Entertainment & Broadcasting Conference

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), a leading entertainment and real estate company, announced today that company executives will participate in a “fireside” chat presentation at the Gabelli & Company's 13th Annual Entertainment & Broadcasting Symposium to be held virtually on June 3, 2021. The presentation will take place at 1:30 p.m. Eastern Time. Gilbert Avanes, EVP, Chief Financial Officer and Treasurer, and Andrzej Matyczynski, EVP of Gl

Reading International To Present at Gabelli & Company's 13th Annual Entertainment & Broadcasting Symposium

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the first quarter ended March 31, 2021 (“Q1 2021”) and certain events anticipated to have a material impact upon our Company going forward. President and Chief Executive Officer Ellen Cotter said, “While our Company's cinema operations in the firs

Reading International Reports First Quarter 2021 Results and COVID-19 Business Update

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2020 and certain first quarter events anticipated to have a material impact upon the Company going forward. President and Chief Executive Officer, Ellen Cotter said, “The COVID-19 pandemic has had a p

Reading International Reports Fourth Quarter 2020 Results and COVID-19 Business Update

KAPOLEI, Hawaii--(BUSINESS WIRE)--Consolidated Theatres, owned by Reading International, Inc. (NASDAQ: RDI), today announced that working in cooperation with Kaiser Permanente Hawaii, the state's largest integrated health care provider, that Kapolei Consolidated Theatres, located at 890 Kamokila Boulevard would be serving as the newest mass vaccination site in West O`ahu. The large physical space and ample parking at Kapolei Consolidated Theatres will allow Kaiser Permanente to vaccinate up to

COVID-19 Mass Vaccination Site Opens in West O`ahu

NEW YORK--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) announces the launch of Angelika Anywhere, a streaming platform curated for film lovers, as inspired by its Angelika Film Center in New York City, North America's most recognized dedicated arthouse. Since its inception in 1989, the Angelika's flagship SoHo cinema has been debuting and celebrating groundbreaking independent and international films, many of which have gone on to become important pinnacles of the cinema industry

Angelika Anywhere: Curated for Film Lovers

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced results for the third quarter and nine months ended September 30, 2020. “Our third quarter 2020 results continue to be significantly impacted by the ongoing COVID-19 pandemic, which has proven to be the most challenging time in our corporate history. Nonetheless,

Reading International Reports Third Quarter 2020 Results and COVID-19 Business Update

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) announced today it has launched exclusive friends and family private cinema experiences at four select Angelika Film Centers located in Texas, Virginia, and California, providing an additional way to enjoy arthouse cinema gems on the big screen in an appropriately social distanced manner. With new safety and cleaning protocols already in place, the private screening experiences are limited to groups of up to 10 peop

Angelika Film Center & Cafe Launches Private Screening Experience

CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI) announced today that, due to the public health impact of the coronavirus pandemic (COVID-19) and to help protect the well-being of our stockholders, employees, family members and the communities in which they live, Reading will not hold its 2020 Annual Meeting of Stockholders (the "2020 Annual Meeting") in person, but rather virtually through a web-based platform, commencing at 11:00 a.m. Pacific Time, on December 8

Date of Virtual 2020 Annual Meeting of Stockholders Announced by Reading International

NEW YORK--(BUSINESS WIRE)--Reading International Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia and New Zealand, and Newmark Knight Frank (NKF) today announced the unveiling of the newly redeveloped Tammany Hall as 44 Union Square in New York City. The completely upgraded landmarks-approved property is now a Class A commercial building with a restored historic street facade and a three-story glass and

Iconic Tammany Hall is Reborn for the 21st Century

MURRIETA, Calif.--(BUSINESS WIRE)--Reading Cinemas with TITAN LUXE at Cal Oaks Plaza located in Murrieta, California, owned and operated by affiliates of Reading International, Inc. (NASDAQ:RDI), will be welcoming back their loyal guests today with extensive sanitization and safety measures in place. In an environment carefully designed to address COVID-19 concerns, and to comply with the various governmental guidelines applicable to the control of this novel virus, guests can return to share t

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