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WIKI ANALYSIS
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This company completed an initial public offering (IPO) of its stock in 2010. View articles that reference this company. Recent IPOs: Globe Specialty Metals • LogMeIn • Invesco Mortgage Capital • Medidata • Chemspec |
RealD (RLD) (NYSE:RLD) licenses 3-D technologies to motion picture companies. The company also licenses is technology to gaming companies and the military. As of 1 June 2010, its RealD cinema systems have been deployed in 5,966 theater screens. In 2009, RealD cinema systems represented 75% of the total domestic 3-D box office. [1]
The market for 3-D movies has grown each year due to the shift from analog to digital. In 2009, 7,500 digital projectors were installed in theaters, up 86% from 2008. Furthermore, Digital Cinema Implementation Partners, or DCIP, has agreed to financing to change up 14,000 screens to digital. Therefore the company expects a further increase in the implementation of RealD cinema systems. Since 23 3-D motion pictures will be in the box office for 2010 and 33 3-D motion pictures for 2011, the demand for 3-D cinema systems is on the rise. [1]
The company's initial public offering of stock filed on the NYSE with an initial price range $13-$15. The company plans to offer 10.75 million shares to raise $151 million. [1]
For FY2009 with year ended 26 March 2010, the company had total revenue of $189.1 million, up 324% from $44.6 million in total revenue for FY2008. Furthermore, the company had a net loss of $39.7 million for FY2009, a large decrease from a net loss of $16.4 million for FY2008. [1]
References
- ↑ 1.0 1.1 1.2 1.3 RealD S-1/A
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