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Article: Ballantyne Q3 Net Revenues Rise 34% to $16.6 Million and EPS Rises to $0.04 From Year-Ago Loss of ($0.02).(Financial report)
- Article from:
- Business Wire
- Article date:
- November 9, 2009
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OMAHA, Neb. -- Ballantyne Strong, Inc. (NYSE Amex: BTN):
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Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, today reported financial results for the third quarter (Q3) and nine months ended September 30, 2009.
Q3 2009 net revenues rose 34% to $16.6 million from net revenues of $12.3 million in Q3 2008, principally driven by sales of digital cinema equipment which rose to $5.2 million in Q3 2009 compared to $1.5 million a year ago and sales of cinema screens which rose to $2.8 million versus $1.5 million in Q3 2008. The increase in ...