Panavision Earnings Down in 4th Quarter

Panavision Inc. of Woodland Hills reported a net loss of $2.3 million for the fourth quarter that ended Dec. 31, compared with a net loss of $85,000 for the same period the year before.

Revenue was $56.3 million, compared with $55 million.

For the year, the company reported a net loss of $23.6 million, compared with $16 million, and revenue of $204.6 million, compared with $202.8 million.

Panavision designs and manufactures high-precision camera systems for the motion pictures and television industries.