Image Entertainment Posts Profit of $861,293
Image Entertainment Posts Profit of $861,293"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Image Entertainment Inc., a Chatsworth laser-disc distributor, reported that its profit surged in its fiscal third quarter ended Dec. 31, while revenue rose 42%, because of strong sales of
the laser-disc versions of the movies “Fantasia,” “Dances With Wolves” and “The Silence of the Lambs.”
Image’s profit was $861,293 in the latest quarter, up from a $34,334 profit a year earlier. Revenue rose to $19.5 million from $13.8 million a year earlier.
In the nine months ended Dec. 31, Image earned $179,545, contrasted with a year-earlier loss of $478,382, and its revenue rose 26% to $42.1 million from $33.5 million.
Image also said it has started a new division to develop consumer-oriented software for a new electronic home-entertainment technology called the CD-ROM format.
Wendy Moss, former senior vice president and general manager of Hanna-Barbera Home Video, has been hired as general manager of the new division, Image said.
Trending News
Mr w hobbs v elite energy ltd: 4110607/2019MR W HOBBS V ELITE ENERGY LTD: 4110607/2019 Employment Tribunal decision. Read the full decision in Mr W Hobbs v Elite E...
6 takeaways from Book Club’s author talk with Eric LaRoccaFor writer Eric LaRocca, it might as well be Halloween all year round. As a lover of everything from the horrifically gr...
Capital items: guidance for applicants and agreement holdersCollection CAPITAL ITEMS: GUIDANCE FOR APPLICANTS AND AGREEMENT HOLDERS What items are available, how to apply for them ...
A Mass. destination is one of the best places to travel worldwide in October, according to Conde Nast TravelerA Massachusetts city and “America’s unofficial witching capital” is an ideal October destination, according to Conde Nas...
Philippine minister asks Duterte to halt second mine review she earlier supportedThe U-turn by Environment and Natural Resources Secretary Regina Lopez comes as she faces pressure to defend her decisio...
Latests News
Image Entertainment Posts Profit of $861,293Image Entertainment Inc., a Chatsworth laser-disc distributor, reported that its profit surged in its fiscal third quart...
Cspl publishes annual report 2017-18Press release CSPL PUBLISHES ANNUAL REPORT 2017-18 The Committee has published its annual report for 2017-18, setting ou...
Digital Diplomacy - GOV.UKWorld news story DIGITAL DIPLOMACY Keep up to date with how the UK and the Holy See are working together by following Ni...
Foreign Office urges British nationals to leave Benghazi - GOV.UKSince September 2012, the Foreign Office has clearly advised against all travel to Benghazi and all areas of Libya, with...
Foreign Office monitoring the situation in the Maldives with concern - GOV.UK“The British Government is monitoring the situation in the Maldives with concern following the arrest and subsequent rel...