RealD (NYSE:RLD) Post Higher Profit in Fourth Quarter – RLD, BTN, AVID, IMAX

The Beverly Hills, California-based RealD (NYSE:RLD) reported on Thursday that its profit for the Q4 boosted from previous year, mostly because of a tax benefit and boosted margins, regardless of lower revenues.

RealD announced a net profit in the fourth-quarter attributable to common stockholders of $5.54 million or $0.10 a share, evaluated against $4.47 million or $0.08 a share in previous year.

Thomson Reuters 10 analyst’s poll on average anticipated a loss of $0.07 a share for the three months. Analysts’ forecasts usually keep out onetime items.

The company reported that total revenues for the three months fell 14% to $50.05 million from $58.51 million in the same period a year ago.

Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Ballantyne Strong, Inc. (NYSEAMEX:BTN) fell -0.31% to settle at $6.43, Avid Technology, Inc. (NASDAQ:AVID) moved up +0.71% to end at $7.14 while IMAX Corporation (USA) (NYSE:IMAX) plunged -1.30% to finish on Thursday at $21.24.

RealD (NYSE:RLD) last session volume of 0.92 million shares was surprisingly higher than its average volume of 0.18 million shares. The stock after opening at $1.15 hit high price of $1.20 and then closed at $1.18 by scoring +1.72%.

RLD generated revenue of 49.12 million in the following twelve months and earned -$6.25 million. The Company showed a negative -12.72% in the net profit margin and as well as in its operating margin which remained -13.90%. Company’s annual sales growth for the past five year was -14.98%.

The RLD past twelve months price to sales ratio was 2.56 and price to cash ratio remained 22.40. As far as the returns are concern, the RLD return on equity was recorded as 22.56% and dropped 18.53% return on investment while its return on asset stayed at 12.48%.

The stock showed weekly upbeat performance of +7.45% which was maintained for the month at +0.17%. Likewise the positive performance for the quarter was recorded as +2.57% and for the year was -53.71% while the YTD performance remained at +50.76%.

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