RealNetworks said Tuesday that its fourth quarter revenue will be in line with its expectations, but detailed a bevy of charges.
The company (statement) said its revenue for the fourth quarter will be $151 million to $153 million. However, it will be writing down goodwill and acquired intangible assets.
RealNetworks isn't alone. Any company that made acquisitions at higher valuations is writing off goodwill. In some cases, the goodwill carried on the books eclipsed a company's market capitalization.
Among the charges, which total $227 million to $249 million in the fourth quarter: