Reading International Q2 revenue rises 11% on Australia boost - RDI News | Rallies
Reading International Q2 revenue rises 11% on Australia boost R RDI • 2026-08-14 Outlook
Company expects strong cinema performance to continue in Q3 2026, driven by major film releases
Reading continues efforts to monetize assets, including sale of Cinemas 123 building in NYC
Company says strengthening Australian and New Zealand dollars are positively impacting reported results
Overview
US cinema and real estate operator's Q2 revenue grew 11% yr/yr, highest since pre-pandemic
Q2 operating income rose 159% yr/yr, net income swung to profit from prior loss
Key details Metric Beat/Miss Actual Consensus Estimate Q2 Revenue $66.90 mln Q2 EPS $0.10 Q2 Net Income $2.31 mln Q2 Operating Income $7.48 mln Q2 Pretax Profit $3.81 mln
Result drivers
Australian cinema growth - Co said Australian circuit drove results with 31% cinema revenue growth, record box office and F&B revenue Strong movie slate
The Super Mario Galaxy Movie
The Devil Wears Prada 2
Michael
Backrooms
Obsession
Toy Story 5
Favorable currency movements - Strengthening of Australian dollar against USD boosted reported results, with 53% of revenue from Australia and New Zealand
RDI•
