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Camera Platforms International Inc

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BUSINESS
December 31, 1996
Camera Platforms International Inc. has sold its Lightmaker division to LTC Corp. of America for $110,000 in cash. Lightmaker designs and sells electronic ballast used with high-intensity lights used in film and TV production. Camera Platforms, based in Valencia, is a supplier of equipment to the film and television industries.
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BUSINESS
May 19, 1998
Camera Platforms International Inc. has agreed to purchase the assets of Precision Camera Supports Inc. in Van Nuys in a $1-million deal. Camera Platforms said the purchase would boost its Shotmaker crane division's business because of Precision's technical expertise in the crane rental business. Camera Platforms is a manufacturer and marketer of camera and other production equipment for the motion picture and television industries.
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BUSINESS
September 1, 1992
Camera Platforms International Inc. said Hollywood Rental Co. exercised an option to buy movie production equipment leased from Camera Platforms for $534,000. Hollywood Rental purchased 180 ballasts from Valencia-based Camera Platforms, which it originally leased under a 1989 agreement. The ballasts control the flow of electricity in high-intensity lights commonly used in movie production.
BUSINESS
December 2, 1997
Camera Platforms International Inc. posted a slight profit in its third quarter despite a 24% drop in its revenues. The North Hollywood-based supplier of camera equipment for the entertainment industry posted net profit of $10,000 in its quarter that ended Sept. 30, compared with a loss of $189,000 a year earlier. Revenues in the latest quarter were $804,000, down from $1.05 million a year ago. For the nine-month period, the company saw its net loss narrow to $254,000, down from a loss of $1.
BUSINESS
June 18, 1991
Camera Platforms International Inc. said its stock is now trading on NASDAQ, the electronic over-the-counter trading system governed by the National Assn. of Securities Dealers. The company makes lighting products and other equipment for the movie and television industries. Separately, Camera Platforms said it named Philip M. Panzera as vice president and chief financial officer, effective June 24.
BUSINESS
May 19, 1998
Camera Platforms International Inc. has agreed to purchase the assets of Precision Camera Supports Inc. in Van Nuys in a $1-million deal. Camera Platforms said the purchase would boost its Shotmaker crane division's business because of Precision's technical expertise in the crane rental business. Camera Platforms is a manufacturer and marketer of camera and other production equipment for the motion picture and television industries.
BUSINESS
May 17, 1994
Camera Platforms International Inc., a Valencia maker and leaseholder of production equipment for the film and television industries, reported a first-quarter loss of $413,000 compared with a loss of $524,000 a year earlier. For the quarter ended March 31, the company's revenue nearly doubled, to $973,000 from $504,000 in the same quarter a year earlier, due to revenue from its acquisition of Shotmaker Dollies & Cranes Inc. last year.
BUSINESS
May 19, 1992
Camera Platforms International Inc. cut its loss nearly in half in its first quarter, to $246,000, compared with a loss of $480,000 for the same period a year ago. The Valencia maker of movie and television production equipment said revenue for the three months ended March 31 increased by 24%, to $848,000 from $682,000 a year earlier. Keith M. Gillum, president and chief operating officer, attributed the increase in revenue to stronger sales of its Lightmaker product line.
BUSINESS
August 3, 1993
Camera Platforms International Inc. in Valencia completed its previously announced acquisition of Panther Corp. of America, a unit of Germany's Panther GmbH, for $1.55 million in cash. Camera Platforms makes, sells and rents motion-picture and television production equipment. Panther Corp. sells and rents dollies and cranes, along with other motion-control equipment for film and television production. Panther Corp. has been renamed Shotmaker Dollies & Cranes Inc.
BUSINESS
August 10, 1993
Camera Platforms International Inc. said its net loss widened in the second quarter to $370,000 from $122,000 a year earlier. The Valencia company's revenue fell 27% in the three months ended June 30, to $753,000 from $1.03 million a year earlier. For the six months, Camera Platforms' net loss widened to $894,000 from $368,000 a year ago, while revenue fell 33% to $1.26 million from $1.88 million in 1992's first half.
BUSINESS
August 26, 1997
Camera Platforms International Inc. posted a net loss of $273,000 in its second quarter that ended June 30, compared with a $483,000 loss a year ago. Revenues for the North Hollywood-based motion-picture equipment company rose 28% to $1.0 million from $779,000 a year earlier. For the six months, the company's net loss fell to $264,000 from $917,000 a year earlier. During the same period sales increased 25% to $2 million from $1.6 million a year earlier.
BUSINESS
May 13, 1997
Camera Platforms International Inc. posted a small profit in its first quarter, marking its first profitable quarter this decade. The company posted net income of $9,000 in the quarter that ended March 31, compared with a net loss of $434,000 in the same period a year earlier. Revenues in the latest quarter rose 32% to $1.05 million, compared with revenues of $792,000 a year earlier. Camera Platforms attributed its profit in part to a 43% reduction in its general and administrative expenses.
BUSINESS
April 29, 1997
Camera Platforms International Inc. posted a wider loss last year while its revenues fell 23%. The North Hollywood-based motion-picture film-equipment concern posted a net loss of $1.9 million last year, compared with a net loss of $851,000 in 1995. Revenues last year fell to $3.3 million, compared to sales of $4.3 million in 1995.
BUSINESS
December 31, 1996
Camera Platforms International Inc. has sold its Lightmaker division to LTC Corp. of America for $110,000 in cash. Lightmaker designs and sells electronic ballast used with high-intensity lights used in film and TV production. Camera Platforms, based in Valencia, is a supplier of equipment to the film and television industries.
BUSINESS
December 3, 1996
Camera Platforms, a Valencia maker of equipment used in film shoots, said its loss for the third quarter that ended Sept. 30 was $189,000, 13% larger than last year's third-quarter loss of $167,000. Revenue was $1.05 million, up 13% from $929,000 a year ago. For the first nine months of 1996, the loss widened to $1.1 million from $538,000 in the corresponding period of 1995. Revenue for the first nine months was $2.63 million, down 19% from $3.24 million last year.
BUSINESS
May 21, 1996
Camera Platforms International Inc., a Valencia film-production equipment company, said its loss for the first quarter that ended March 31 was $434,000, more than four times last year's loss of $81,000. The loss was on sales of $425,000, down 47% from $802,000 in last year's first quarter. The loss widened because of falling sales of electronic ballasts, which are used to move cameras during filming.
BUSINESS
April 6, 1993
Camera Platforms International Inc., a Valencia company that sells and rents production equipment to the entertainment industry, said it lost $1.09 million in 1992, in contrast with a 1991 loss of $1.9 million. Its revenue increased 45%, to $3.85 million from $2.65 million. The company said its 1992 results were hurt by a decrease in motion picture and television production, although it narrowed its losses from the previous year through expansion into international markets and cost reductions.
BUSINESS
April 23, 1996
Camera Platforms International Inc. narrowed its loss for the fiscal year that ended Dec. 31. But the Valencia-based company that rents camera equipment to the entertainment industry said that it has still not been able to find a buyer for the struggling company. Camera Platforms lost $851,000 last year, compared to a loss of $1.99 million in 1994. Sales last year fell slightly to $4.29 million, down from $4.43 million in 1994.
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