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Ballantyne Reports 2012 Q4 Net Income Of $1.6 Million And EPS Of $0.11 On Revenues Of $39.1 Million

Ballantyne Strong, Inc. (NYSE MKT: BTN):

             
Conference call:       Today - Monday, March 11, 2013 at 10:00 AM ET
Webcast / Replay URL:

http://www.strong-world.com (Investor Relations section) or www.earnings.com

The replay will be available on the Internet for 30 days.
Dial-in number:       (800) 741-4871 (no pass code required)
 

Ballantyne Strong, Inc. (NYSE MKT: BTN), a provider of digital cinema projection equipment, screens and services as well as specialty lighting equipment, today reported its financial results for the fourth quarter ended December 31, 2012.

Commenting on the Company’s results, President and CEO Gary L. Cavey stated, “The recent cinema industry transition from analog to a state-of-the-art digital platform has provided Ballantyne with a unique opportunity to capitalize on our role as a leading turnkey solutions provider to theatrical exhibitors around the world. The fourth quarter represented a solid sequential turnaround for Ballantyne as an improvement in gross profit margin helped drive our return to profitability following a challenging third quarter period in which pricing pressure on digital projection systems along with some transitional costs associated with the service business negatively impacted our results.

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