Earnings Announcements Archives - Page 2 of 3 - Celluloid Junkie

NEWS

Quarterly Earnings: Regal, Imax and Dolby

Quarterly figures have been arriving thick and fast this week. We look at three key cinema companies: Regal Entertainment, Imax Corporation and Dolby Laboratories. The world’s largest cinema operator announced its quarterly figures and they were not what the analysts had hoped for, with revenu…

Ballantyne Reports Strong Q3 Earnings, New CEO

Ballantyne Strong, Inc., a leading cinema equipment vendor and service provider, has been keeping their public relations staff busy this week with two important announcements. On Thursday the Omaha, Nebraska based company released their record breaking earnings for the third quarter of 2010. If you…

Kodak’s Losses Decline In Q3

Earlier today shares in the Eastman Kodak Company skyrocketed 12% after the company announced their third-quarter financial results had beaten Wall Street expectations. It wasn’t that Kodak had turned a huge profit, but rather it hadn’t lost as much money as had previously been forecast.…

Cineworld Revenue Boosted By 3D Blockbusters

Despite much of the world suffering from economic recession Cineworld seems to be having a banner year. Yesterday the United Kingdom’s second largest theatre chain reported that total revenues were up 8.5 percent since the beginning of the year. Cineworld’s success is spurred on by 8.3 p…

Cinedigm Year-End Figures Shows Company Treading Water

Cinedigm has published its Q4 and year-end financial figures for fiscal 2009, which make for interesting reading, given that the company is the only* publicly listed third-party digital cinema operator. The good news is that the company is treading water, not drowning. The bad news is that it does s…

Digital Cinema Integrators Continue to Bleed Money

There is a standing joke in the industry that to make a small fortune in digital cinema you need to start with a large fortune. Sadly, this sentiment seems to be vindicated by the latest quarterly figures from Cinedigm (formerly AccessIT). The company’s scorecard is impressive enough: And the…

Dolby Sheds Jobs From UK Cinema Manufacturing Division

As if the recent quarterly earnings reports from Warner Bros, Walt Disney and News Corp were not proof enough that the entertainment industry is far from recession proof, news is out that Dolby Laboratories will be closing down its UK manufacturing operation. Some 60 people will lose their jobs from…

Cineplex: 2007 ‘Good’, Q4 ‘Bad’, WGA ‘Thanks’

A mixed bag of financial news for Canadian exhibitor major Cineplex, which saw a rise in 2007 numbers on most fronts, but was dragged down by a weak fourth quarter. From the coverage in Variety: Toronto-based Cineplex, which operates 131 multiplexes nationwide with 1,327 screens, said it lost CAN$2.…

Regal Numbers Are Down For 2007

While the latest financial results from Regal showed a healthy profit, the underlying numbers paint a far less comforting picture. From The Hollywood Reporter: The company earned $23.2 million in the fourth quarter, down 21% from a year ago. But on a per-share basis, the company earned 15 cents, whi…

Digital Starts To Bite At Ballantyne’s Profit

Projector maker Ballantyne of Omaha‘s Q3 2007 figures are in and it is evident that digital cinema is starting to eat into the company’s revenue and profits. Net revenue is down 3.5 per cent compared to a year ago and gross profit was down from $2.2m to $2.1m – not a huge drop, but…