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.
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.
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.
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.
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.
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.