Ballantyne Strong (BTN) Reports Q3 Loss of $0.12

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Ballantyne Strong Reports Third Quarter and Year to Date 2019 Operating Results

November 12, 2019 7:30 AM EST

Charlotte, NC, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the Company) today announced financial results for the period ended September 30, 2019. The Company conducts its operations through three operating segments: Strong Cinema, Convergent and Strong Outdoor. 

Highlights for the Third Quarter 2019 Compared to the Third Quarter 2018

Total revenue increased 2.4% to $16.8 million for the third quarter of 2019 compared to $16.5 million in the prior yearGross profit increased 64.7% to $5.8 million for the third quarter of 2019 compared to $3.5 million in the prior... More