Reading International, Inc. Provides Revenue Guidance for the First Quarter of 2023
April 03, 2023
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Reading International, Inc. provided revenue guidance for the first quarter of 2023. For the quarter, the company is Now jumping ahead to First Quarter 2023, to report that company expect first quarter revenues to exceed first quarter 2022 driven by the commercial box office success of diverse films such as Megan, which was an original horror scifi movie released the first week of January, which has already generated over $176 million in global box office.
Reading International, Inc. is an entertainment and real estate company. The Company is engaged in the development, ownership, and operation of cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. The Companyâs segments are Theatrical Motion Picture Exhibition (Cinema Exhibition), and Real Estate. The Cinema Exhibition segment is engaged in cinema experiences for its guests through hospitality-styled comfort and service, state-of-the-art cinematic presentation, designed venues, curated film, and event programming, and crafted food and beverage options. The Companyâs Real Estate segment is engaged in the real estate business through the development and its ownership and rental or licensing to third parties of retail, commercial, and live theatre assets. Its commercial brands include Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema, Angelika Anywhere, 44 Union Square, Newmarket Village, and Cannon Park.
READING INTERNATIONAL, INC. 
