Trimark earnings climb for quarter

Second-quarter revenues and earnings more than doubled at Trimark Holdings Inc. as the company boosted both the quantity and commercial quality of its homevid releases.

During the quarter, Trimark video releases included “Warlock 2: The Armageddon,” the Julian Sands-starrer; Andrew Dice Clay’s “Brain Smasher”; “Point of Impact,” toplining Michael Pare; and Stephen King’s “Tommyknockers.”

For its second quarter, Trimark earned $ 950,000 (21 cents), compared to $ 256,000 (6 cents) in the like period a year ago. Revenue was $ 29 million, up from $ 12.1 million.

For its first six months, the company earned $ 1.8 million(39 cents ), compared to $ 501,000 (11 cents) in the first half of the prior fiscal year. Revenue was $ 41.5 million, up from $ 22.2 million.

Trimark is currently in production on a number of films, including “Leprechaun 2”; “Frank & Jesse,” toplining Rob Lowe; and “Curse of the Starving Class,” starring Kathy Bates, James Woods, Lou Gossett Jr. and Randy Quaid.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading