UPDATE 2-RealNetworks sees quarterly loss but revenue grows

(Adds CEO comments, detail share price)

SAN FRANCISCO, July 31 (Reuters) - U.S. digital media company RealNetworks Inc (RNWK.O) posted on Thursday a second-quarter net loss versus a year-earlier profit, while its revenue rose 12 percent, propelled largely by games.

Net loss in the second quarter was $1.3 million, or 1 cent per share, compared with a net profit of $1.3 million, or 1 cent per share, in the year-earlier period. Revenue rose to $152.6 million from $136.2 million a year earlier.

The company, which delivers entertainment to personal computers and mobile devices, in May forecast second-quarter revenue of between $151 million and $155 million, and a net loss of between 4 cents per share and break even. That included about $4 million in revenue from its acquisition of TryMedia, a pioneer in casual games syndication.

For the third quarter, RealNetworks said it expects revenue of $151 million to $155 million and a net loss of 3 cents to 5 cents per share.

For the full year, it expects revenue of $620 million to $630 million and a net loss of 2 cents to 6 cents per share.

RealNetworks Chief Executive Rob Glaser said year-over-year growth in second-quarter revenue reflected a strong performance in its games business, which the company plans to spin off.

Games revenue jumped 40 percent, compared with 15 percent growth in media and software services and a 5 percent rise in technology products and solution revenue. Music revenue rose 1 percent.

The company realized a gain of some $1.1 million compared with the year-earlier period thanks to foreign currency moves.