Seattle - Shares of RealNetworks fell 14% on Thursday, after the company reported a lower-than-expected sales outlook for the year and saw several analysts downgrade its stock.

The Seattle-based company reported $125.6 million in revenues for the fourth quarter, a 50% increase, and earnings of $9.9 million, compared to a loss of $6.1 million a year ago.

But the company now projects 2007 revenue of $540-$560 million, below analyst expectations of $572 million.

RealNetworks' music business ended the quarter with 2.55 million subscribers -- including 800,000 added through its acquisition of ringtone firm WiderThan.

Subscribers to the company's other music services grew by about 100,000 during the quarter, down from 125,000 in the same period a year ago. Revenue from the music unit rose 21% to $33.6 million.

RealNetworks' casual games unit reported revenue of $23.9 million for the quarter, an increase of 52% from a year ago.

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http://biz.yahoo.com/ap/070215/realnetworks_mover.html?.v=1 (AP)

http://www.realnetworks.com