Ballantyne Strong (BTN) Reports Q1 Loss of $0.15
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Ballantyne Strong Reports First Quarter 2021 Operating Results
May 6, 2021 4:15 PM EDTCharlotte, NC, May 06, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the Company or Ballantyne Strong) today announced financial results for the first quarter ended March 31, 2021.
Recent Financial and Operational Highlights
Operating loss and Adjusted EBITDA of Strong Entertainment improved as cost management initiatives offset impact of COVID-19 on screen and services revenue. Cinema businesses are positioned for revenue growth post-COVID in both services and screens. Eclipse product line (immersive solid curved screens) continued to... More