Ballantyne Strong to Announce 2020 First-Quarter Financial Results and Host Conference Call on May 12, 2020
April 29 2020 - 5:28PM
Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”),
a holding company with diverse business activities focused on
serving the entertainment, retail, financial, advertising and
government markets, today announced that the Company will issue its
2020 first-quarter financial results after market close on Tuesday,
May 12, 2020. The Company’s financial results and an accompanying
slide presentation will also be available on the Investor Relations
page of the Company’s website at ballantynestrong.com/investors.
A conference call to discuss the 2020
first-quarter financial results will be held on Tuesday, May 12,
2020 at 5:00 pm Eastern Time. Investors and analysts are invited to
access the conference call by dialing 877-407-3982 (domestic) or
201-493-6780 (international) and providing the operator with
conference ID number: 13703177. Please dial in at least five
minutes before the start of the call to register. A replay will be
available approximately two hours after the conclusion of the
conference call until Friday, June 12, 2020 by dialing 844-512-2921
in the U.S. and Canada and 412-317-6671 internationally and
entering the conference ID number: 13703177.
Forward-Looking Statements
Except for the historical information in this
press release, it includes forward-looking statements, including
but not limited to those discussed in the “Risk Factors” section
contained in Item 1A in our Annual Report on Form 10-K for the year
ended December 31, 2019 and the following risks and uncertainties:
the Company’s ability to maintain and expand its revenue streams,
potential interruptions of supplier relationships or higher prices
charged by suppliers, the Company’s ability to successfully compete
and introduce enhancements and new features that achieve market
acceptance and that keep pace with technological developments, the
Company’s access to capital, the Company’s ability to successfully
execute its capital allocation strategy, the Company’s ability to
maintain its brand and reputation and retain or replace its
significant customers, the impact of a challenging global economic
environment or a downturn in the markets (such as the current
economic disruption and market volatility generated by the ongoing
COVID-19 pandemic), economic and political risks of selling
products in foreign countries (including tariffs), risks of
non-compliance with U.S. and foreign laws and regulations,
potential sales tax collections and claims for uncollected amounts,
cybersecurity risks and risks of damage and interruptions of
information technology systems, the Company’s ability to retain key
members of management and successfully integrate new executives,
the Company’s ability to complete acquisitions, strategic
investments, entry into new lines of business, divestitures,
mergers or other transactions on acceptable terms or at all, the
Company’s ability to utilize or assert its intellectual property
rights, the impact of natural disasters and other catastrophic
events (such as the ongoing COVID-19 pandemic), the adequacy of
insurance and the impact of having a controlling stockholder. Given
the risks and uncertainties, readers should not place undue
reliance on any forward-looking statement and should recognize that
the statements are predictions of future results which may not
occur as anticipated. Many of the risks listed above have, and may
be further be, exacerbated by the COVID-19 pandemic, its impact on
the cinema and entertainment industry, and the worsening economic
environment. Actual results could differ materially from those
anticipated in the forward-looking statements and from historical
results, due to the risks and uncertainties described herein, as
well as others not now anticipated. New risk factors emerge from
time to time and it is not possible for management to predict all
such risk factors, nor can it assess the impact of all such factors
on our business or the extent to which any factor, or combination
of factors, may cause actual results to differ materially from
those contained in any forward-looking statements. Except where
required by law, the Company assumes no obligation to update
forward-looking statements to reflect actual results or changes in
factors or assumptions affecting such forward-looking
statements.
Investor ContactMark
RobersonIR@btn-inc.com(704) 994-82794201 Congress Street, Suite
175, Charlotte, NC 28209
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