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Tuesday, Jun 6, 2023

Image Ups Guidance on Good Q3

Image Entertainment Inc. increased by $1 million its guidance for the fiscal 2009 year. The Chatsworth-based producer and distributor of home entertainment programming anticipates annual net revenue between $128 million to $131 million. The previous guidance had been between $128 million and $130 million. The company forecast third quarter revenues to exceed $38 million, a 39 percent increase over the net revenue of $27.3 million for the third quarter in 2007. Image releases its third quarter and nine month financial results by Feb. 13.

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