Reading International reports Q3 EPS (18c) vs (31c) last year

Reports Q3 revenue $52.17M vs $60M last year. President and Chief Executive Officer, Ellen Cotter said, “We are pleased with our progress in Q3 2025 as we continued to execute on key strategic priorities. We reduced our debt by almost 15% compared to the end of 2024 primarily from the proceeds of the monetization of two major real estate assets earlier in 2025. Our remaining real estate assets, underpinned primarily by our Australian Real Estate portfolio, together with New Zealand, comprising 58 third party tenants with an overall 98% occupancy rate, performed well, enhanced by a strong quarterly performance from our NYC Live Theatres. As we expected and following industry trends, our Q3 2025 global cinema business was behind the same quarter in 2024. While the quarter was disappointing, we remain confident that the fourth quarter will deliver an exciting rebound. Today, our global sales of Wicked: For Good are among the highest presales we have seen since the pandemic, and we are on the cusp of one of the most promising holiday film lineups we have seen in years. The slate includes movies for every segment of the audience: The Running Man, Wicked: For Good, Zootopia 2, Five Nights at Freddy’s 2, The SpongeBob Movie: Search for SquarePants, Anaconda, The Housemaid, Marty Supreme, Song Sung Blue and Avatar: Fire and Ash.”