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Reading International Inc - RDI STOCK NEWS

Welcome to our dedicated news page for Reading International (Ticker: RDI), a resource for investors and traders seeking the latest updates and insights on Reading International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Reading International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Reading International's position in the market.

Rhea-AI Summary
Reading International, Inc. (NASDAQ: RDI) announced its third-quarter results, with global total revenues of $66.6 million, a 30% increase from Q3 2022. Operating income grew by 115% to $1.0 million, and adjusted EBITDA increased by 59% to $6.1 million. The company's real estate division also showed strong performance, with the highest third-quarter revenues ever. However, macroeconomic challenges and the impact of Hollywood strikes may affect future performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
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earnings
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Rhea-AI Summary
Reading Cinemas (Australia) opens new cinema complex in Busselton, Western Australia, featuring full recliner seating and a TITAN LUXE auditorium. The company aims to provide a superior level of comfort and an unparalleled theatrical experience. Tickets for current films and Taylor Swift: The Eras Tour are now available for purchase.
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Rhea-AI Summary
Reading International, Inc. will hold its 2023 Annual Meeting of Stockholders virtually on December 7, 2023. Registered stockholders and proxyholders can attend and vote online. Class B stockholders can participate from any location with internet connectivity. Details on how to register and access the meeting will be provided in the Company's Proxy Statement. Proxy materials will be available on the Company website. Stockholders are urged to vote and submit proxies in advance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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Rhea-AI Summary
Consolidated Theatres will premiere the concert film 'Taylor Swift: The Eras Tour' on October 13, 2023, with high pre-sales indicating potential success. Private watch parties for the film will be available starting October 19, 2023. Limited edition collectibles, including mini one sheets, cups, and popcorn tubs, will be offered. Consolidated Theatres also announces a 72-hour flash sale for a $100 E-Gift Card, which includes a free $30 Bonus E-Gift Card. The sale aims to promote upcoming movies and concert events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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Rhea-AI Summary
Record-breaking advance ticket sales for TAYLOR SWIFT: THE ERAS TOUR opening Oct. 13; concert film to be celebrated with private watch parties, collectibles, and more
Rhea-AI Impact
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End-of-Day
-3.13%
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Rhea-AI Summary
Record-breaking advance ticket sales for TAYLOR SWIFT: THE ERAS TOUR opening Oct. 13; concert film to be celebrated with private watch parties, collectibles, and more
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
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none
Rhea-AI Summary
Reading International, Inc. named finalist in SCCA Marketing Awards for its New’BARK’et Markets campaign. The event supports local businesses, fosters community connections, and enhances online engagement. The campaign has led to the development of an in-centre marketplace. The annual event has become a drawcard for the Brisbane community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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Rhea-AI Summary
Reading International, Inc. will open its first-ever Angelika Film Centre in Australia, expanding outside of the U.S. The cinema will showcase independent, foreign, and specialty films. The Angelika at South/City/SQ in Woolloongabba will become Brisbane's hub for cinephiles. The cinema complex will consist of 8 screens, including 3 luxurious SoHo Lounge cinemas. Opening week tickets are priced at $10. The addition of Angelika Film Centre adds another drawcard for residents and tourists in the South/City/SQ precinct.
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Reading International, Inc. (NASDAQ: RDI) achieved its best quarterly total revenue and operating income since the COVID-19 pandemic. President and CEO Ellen Cotter highlighted the strong performance of the global cinema business, driven by a significantly stronger movie slate, including the success of The Super Mario Bros. Movie. The company also set a new record for the highest monthly total cinema revenue in July 2023. The earnings call to discuss the second quarter financial results is scheduled for August 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.04%
Tags
earnings
Rhea-AI Summary
Reading International, Inc. (NASDAQ: RDI) announces record-breaking global cinema revenues, driven by the success of Barbie and Oppenheimer. The weekend of July 21, 2023, saw the highest global box office revenues since April 2019, with impressive percentage increases in the United States (76%), Australia (50%), and New Zealand (46%). The company also experienced a surge in food and beverage revenues, with the 'Beachy Keen' cocktail becoming the best-selling cocktail in the U.S.
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Rhea-AI Sentiment
End-of-Day
5.06%
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Reading International Inc

Nasdaq:RDI

RDI Rankings

RDI Stock Data

59.73M
13.96M
18.97%
56.86%
0.4%
Motion Picture Theaters (except Drive-Ins)
Information
Link
US
Culver City

About RDI

reading international, inc., together with its subsidiaries, engages in the ownership, development, and operation of entertainment and real property assets in the united states, australia, and new zealand. the company operates in two segments, cinema exhibition and real estate. the cinema exhibition segment operates multiplex cinemas. this segment operates its cinema exhibition businesses under the reading cinemas, angelika film centers, consolidated theatres, city cinemas, event cinemas, state cinema, and rialto brands. the real estate segment develops, rents, or licenses retail, commercial, and live theater assets. as of december 31, 2019, the company had interests in 60 cinemas comprising approximately 498 screens; fee interests in three live theaters; fee interest in one cinema in manhattan; fee interests in two cinemas in australia and four cinemas in new zealand; fee interest in 44 union square property; fee interest in entertainment-themed centers; fee interest in 70.4 acres of