Reading International ( (RDI) ) has released its Q2 earnings. Here is a breakdown of the information Reading International presented to its investors.
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Reading International, Inc. is an internationally diversified cinema and real estate company operating in the United States, Australia, and New Zealand, known for its cinema brands and real estate developments.
Reading International reported a strong second quarter in 2025, with significant improvements in revenue and operating income compared to the previous year. The company saw a 29% increase in total revenues, reaching $60.4 million, and achieved its highest operating income since 2019.
Key financial highlights include a 276% improvement in EBITDA, reaching $6.3 million, and a substantial reduction in net loss by 79% compared to Q2 2024. The cinema division drove much of this success, with a 32% increase in revenue and a 218% rise in operating income. The real estate division also performed well, with a 56% increase in operating income.
Looking ahead, Reading International remains optimistic about its future, buoyed by strong cinema performance and strategic real estate sales that have reduced debt. The company anticipates continued success with upcoming movie releases and ongoing real estate operations.