Ballantyne of Omaha reports 2003 Q1 results
- Details
Net revenue from continuing operations for the quarter was $7.5 million compared to $9.2 million in the first quarter of 2002. Gross profit from continuing operations in the quarter was $1.4 million, compared to $1.7 million in the first quarter of 2002. The company reported a net loss from continuing operations of $0.4 million (or $0.03 per share) in the first quarter of 2003, compared to a net loss of $0.1 million ($0.01 per share), in the first quarter of 2002.
John P. Wilmers, president and CEO of Ballantyne, commented: "The theatre exhibition industry is slowly recoveri