Ballantyne of Omaha Reports 2003 Fourth Quarter and Year-End Results; Achieves Profitable Quarter on 44% Revenue Increase.

Business WireMarch 22, 2004

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Ballantyne of Omaha Reports 2003 Fourth Quarter and Year-End Results; Achieves Profitable Quarter on 44% Revenue Increase.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--March 22, 2004

Ballantyne of Omaha, Inc. (OTC BB: BTNE), a manufacturer of motion picture projection and specialty lighting equipment, today reported financial results from continuing operations for the three- and twelve-month periods ended December 31, 2003.

Net revenue from continuing operations for the three months ended December 31, 2003 rose 44% to $11.1 million from $7.7 million in the fourth quarter of 2002. Gross profit from continuing operations in the quarter rose 110% to $2.7 ...

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