Olympic Games Paris 2024's Spectacular Event on Paris' River Seine to be Presented across More Than 150 IMAX Screens Nationwide for the First Time Ever STAMFORD, Conn. and NEW YORK, March 22, 2024 /PRNewswire/ -- The NBC television network will extend its live coverage of the 2024 Paris Olympics Opening Ceremony to IMAX (NYSE: IMAX) locations nationwide on Friday, July 26 — the first time ever the global event will be presented live in IMAX, it was announced today. The plans for the Opening Ceremony are unl ...

A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024.Many of the world's greatest athletes will make their big-screen debut in IMAX theaters this summer.NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July 26 will play on more than 150 IMAX screens in the U.S.The Summer Olympics opening ceremony will be the first not held in a stadium. Instead, organizers will send Olympians down the River Seine on a four-mile-long ...

The Zacks Film and Television Production and Distribution industry is benefiting from a spike in demand for digital entertainment, fueled by limited capacity and operational limitations in movie theaters, theme parks and cruise lines. The increased consumption of media, music and news over the web, triggered by the work-and-learn-at-home wave, has been a key catalyst for industry participants like Warner Music Group (WMG) , News Corporation (NWSA) , Lions Gate Entertainment (LGF.A) and IMAX Corporation (IMA ...

Denis Villeneuve's Unforgettable Sci-Fi Sequel Continues to Vastly Outperform in IMAX, With 22% of Global Weekend Total from only 1,600 IMAX Locations Worldwide NEW YORK, March 11, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) delivered a record-breaking encore performance to its dominating debut of "Dune: Part Two" as the IMAX global network notched a stunning 22% of the film's global box office in its second weekend — the biggest global weekend market share in IMAX history. IMAX recorded $27.7 millio ...

Shares of movie theater technology company Imax (IMAX 10.58%) shot higher on Wednesday after the company reported financial results for the fourth quarter of 2023, beating expectations. As of 10:40 a.m. ET, Imax stock was up 10%.Imax has growth and profitsImax makes money both by installing its premium equipment in theaters and from films that have been enhanced for Imax. The company saw growth for both segments in 2023. Not only that, its full-year gross profit margin increased in both segments as well.For ...

IMAX Corporation (IMAX) reported fourth-quarter 2023 adjusted earnings of 17 cents per share, which beat the Zacks Consensus Estimate by a whopping 70% but declined 10.5% from the year-ago quarter.Total revenues of $86.01 million missed the Zacks Consensus Estimate by 3.84% and decreased 12.3% year over year.Greater China accounted for 19.2% of revenues. The metric declined 35.8% year over year to $16.5 million.Category-wise, Technology Sales and Finance Income were up 4.3% and 10.7% year over year to $35.3 ...

IMAX Corporation (NYSE:IMAX) Q4 2023 Earnings Conference Call February 27, 2024 4:30 PM ET Company Participants Jennifer Horsley - Senior Vice President-Investor Relations Rich Gelfond - Chief Executive Officer Natasha Fernandes - Chief Financial Officer Rob Lister - Chief Legal Officer & Senior Executive Vice President Conference Call Participants Eric Handler - ROTH MKM Eric Wold - B. Riley Securities Omar Mejias - Wells Fargo Steven Frankel - Rosenblatt Securities Mike Hickey - The Benchmark Company Step ...

For the quarter ended December 2023, Imax (IMAX) reported revenue of $86.02 million, down 12.3% over the same period last year. EPS came in at $0.17, compared to $0.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $89.46 million, representing a surprise of -3.84%. The company delivered an EPS surprise of +70.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Imax (IMAX) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 70%. A quarter ago, it was expected that this entertainment technology company would post earnings of $0.21 per share when it actually produced earnings of $0.35, delivering a surprise of 66.67%.Over the last four quarters, t ...

I N V E S T O R P R E S E N T A T I O N F E B R U A R Y 2 0 2 4 F O R W A R D - L O O K I N G S T A T E M E N T S This presentation contains forward looking statements that are based on IMAX® business initiatives; conditions in the in-home and out-of-home entertainment management's assumptions and existing information and involve certain risks and industries; the opportunities (or lack thereof) that may be presented to and pursued by uncertainties which could cause actual results to differ materially from f ...