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Steady build up of good Covid-19 news a positive for cinema group. Earlier today, the founder of statistical analysis website FiveThirtyEight tweeted that the US was on track to vaccinate 70% of its adult population against Covid-19 by the end of April. That came on the back of a steady build up in positive news related to cinemas opening up in China, Japan and Russia, as well as good signs in the US and UK, Vista Group chief executive Kimbal Riley said. “A thing that I check with great interest is the rate of vaccination and I follow a guy on Twitter – I know this is not the sort of thing ....
Vista Group books big loss, but says Covid effects will be fleeting 28 Feb, 2021 07:58 PM 3 minutes to read Vista Group, the Auckland-based company that dominates the global market for movie theatre management software, reported big full-year revenue and profit hits today, as expected. Read More But it also highlighted its strong balance sheet and cost-cutting, and said in an NZX filing that while the impact on the pandemic had been challenging, it saw limited permanent consequences. For its full-year to December 30, 2020, Vista s revenue fell 39 per cent to $87.5m as it sunk to a $56.7m net loss (including $70m in non-cash items) from its year-ago profit of 21.3m. ....
Covid 19 coronavirus: Vista Group CEO Kimbal Riley sees first signs of a cinema comeback 1 Mar, 2021 04:42 AM 6 minutes to read Vista Group s chief executive was able to point to concrete signs that cinema was making a comeback. Photo / Getty Images Vista Group, the Auckland-based company that dominates the global market for movie theatre management software, reported big full-year revenue and profit hits today, as expected, sinking $58m into the red as revenue cratered. Read More The company - once one of the few listed NZ technology companies flying high over the $1 billion market cap mark - was also one of those most exposed to the pandemic, and has lost some two-thirds of its value since the outbreak began. ....
Cinema software specialist Vista Group bleeds red ink on pandemic closures reseller.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reseller.co.nz Daily Mail and Mail on Sunday newspapers.
Vista Group endured its toughest year in 2020 as Covid-19 shut theatres across the world, but the roll out of vaccines is expected to help it recover this year. ....