Ballantyne Strong to Announce 2020 Second-Quarter Financial Results and Host Conference Call on August 12, 2020
July 31 2020 - 5:00PM
Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”),
a holding company with diverse business activities focused on
serving the entertainment, retail and advertising markets, today
announced that the Company will issue its 2020 second-quarter
financial results after the market closing on Wednesday, August 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
second-quarter financial results will be held on Wednesday, August
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: 13707955. Please dial in at
least five minutes before the start of the call to register. A
replay will be available approximately three hours after the
conclusion of the conference call until Saturday, September 12,
2020 by dialing 844-512-2921 in the U.S. and Canada and
412-317-6671 internationally and entering the conference ID number:
13707955.
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 been, 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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