Core Viewpoint - Imax is experiencing a challenging stock performance despite a strong year in revenue and ticket sales, with expectations for upcoming financial results being low due to recent Hollywood production strikes affecting big-ticket releases [1][4]. Financial Performance - Imax generated $1.06 billion in admissions worldwide last year, marking only the second instance of reaching 10 figures, although this does not indicate the second highest ticket sales year due to increased ticket prices post-pandemic [2]. - Revenue over the past four quarters is 24% higher than the previous year, and the company has returned to profitability, driven by films like Oppenheimer [3]. - Analysts predict a 12% decline in revenue for the upcoming report, with expected earnings of $0.05 per share, significantly lower than the $0.19 per share from the previous year [4][5]. Upcoming Releases - Anticipated films such as Dune: Part Two, Godzilla X Kong: The New Empire, and Ghostbusters: Frozen Empire are expected to boost Imax's performance in the near future [5][6]. - The company is well-positioned with a strong lineup of upcoming films, which could improve its financial outlook despite current challenges [6]. Market Position - Imax's stock is trading for less than 20 times forward earnings, indicating a potentially attractive investment opportunity as it differentiates itself in the movie theater sector [6]. - The company is seeing a resurgence in moviegoers, particularly in international markets, which account for a significant portion of its business [6].

Exhibit 99.1 _______________ IMAX IMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2023 RESULTS • Global entertainment technology platform delivers over 25% YoY growth in FY23 across Revenue, Net Income, Adjusted EBITDA (1)and Adjusted EPS (1)(2) • Full-Year GAAP EPS of $0.46, up from a loss of ($0.40) in FY22; Full-Year Adjusted EPS of $0.94, up from $0.06 in FY22 • Net Income of $25 million in FY23 increased from a loss of $(23) million in 2022 while Adjusted EBITDA (2)increases to $128 million in FY23, up 52% f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file Number 001-35066 IMAX Corporation (Exact name of registrant as specified in its charter) Canada 98-0140269 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Imax (IMAX) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 27, 2024, might help the stock move higher if these key numbers are better than expectat ...

Lions Gate Entertainment (LGF.A) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this motion picture producer and distributor would post a loss of $0.03 per share when it actually produced earnings of $0.21, delivering a surprise of 800%.Ove ...

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its fourth quarter and full-year 2023 financial results on Tuesday, February 27th at 4:30 p.m. Eastern Time. This call is being webcast and can be accessed at https://www.imax.com/content/investor-relations. To access the call via telephone, interested parties will need to pre-register by going to the following link: https://register.vevent.com/register/BI5eba9aa253da46dfb62bb6d5733 ...

Former CMO of Skydance Media, Dreamworks Animation to Lead Brand, Film Marketing, Creative, and Social Media Worldwide for Entertainment Technology PlatformPLAYA VISTA, Calif., Jan. 16, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) has named entertainment marketing executive Anne Globe as Chief Marketing Officer (CMO) of IMAX. In her role, Globe will oversee all brand, film marketing, creative, and social media for the global entertainment technology platform. Previously, Globe served as CMO of Skydanc ...

Core Insights - Christopher Nolan's "Oppenheimer" has returned to IMAX 70mm in 13 theaters, aiming to enhance its box office performance during the awards season [1][2] - The film has grossed over $954 million globally against a production budget of $100 million, making it one of the highest-grossing R-rated films ever [2][3] - "Oppenheimer" is recognized as the highest-grossing film to never reach No. 1 at the box office, largely due to competition from "Barbie," which grossed $1.4 billion [2] Box Office Performance - The film generated $326 million at the domestic box office last year, outperforming other major releases like "The Little Mermaid" and "Avatar: The Way Of Water" [5] - It ranks as the second-highest grossing R-rated movie worldwide, trailing only behind "Joker" [3] Awards and Recognition - "Oppenheimer" has received significant accolades, winning five Golden Globe Awards, including Best Drama and Best Director [7] - The film's success has been bolstered by the "Barbenheimer" trend, encouraging audiences to watch both "Barbie" and "Oppenheimer" as a double feature [7] IMAX Format and Availability - IMAX has only 30 projectors capable of showing the IMAX 70mm format, leading to high demand and limited availability for screenings of "Oppenheimer" [4] - The film's return in this format is expected to further enhance its box office performance leading up to the Oscars [2][4] Upcoming Events - Oscar nominations will be announced on January 23, 2024, which could impact the film's visibility and box office performance [6]

Produced by Oscar®-Winning Filmmaker Adam McKay and Directed by Miko Lim, the New Film Explores the Remarkable World of Storm Chasing, Filmed with IMAX®  Film and IMAX®-Certified Digital Cameras NEW YORK and LOS ANGELES, Jan. 11, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and Hyperobject Industries today announced they've commenced production on "Stormbound", a new feature documentary project chronicling the life of storm chaser Jeff Gammons. Filmed with stunning IMAX film and IMAX-certified digital ...

Historic Results Led by Company's Highest Grossing Year Ever at the Domestic Box Office with $393 Million NEW YORK, Jan. 9, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) soared to $1.06 billion in global box office in 2023 — the second highest grossing year in the Company's history — powered by a diverse portfolio of awe-inspiring experiences across Hollywood and local language films, concerts, and live events*. IMAX drove 24.4% growth in global box office over 2022 and programmed a record 98 new films ...