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Group 1: IMAX Expansion in France - IMAX Corporation has signed a deal with MEGARAMA to introduce three new IMAX with Laser systems in France, doubling its presence with the exhibitor [1] - One theater will open in a major northern French city in 2025, while two others will be in the suburbs of Paris, projected to open in 2026 [1] - The deal reflects strong demand for IMAX's premium movie experience in France, following a record 2023 with over $23 million in box office revenues [1] Group 2: IMAX Technology and Locations - The new MEGARAMA locations will feature IMAX with Laser, the company's most advanced projection and audio system [2] - With this agreement, IMAX and MEGARAMA will operate six locations in France, with an additional location planned in Morocco [2] Group 3: Global Expansion Strategy - IMAX is aggressively expanding globally, including a partnership with SM Cinema in the Philippines for 10 new IMAX with Laser systems [3] - Turkey will see its first IMAX with Laser systems through a four-theater deal with CineNOVA, set to open between 2024 and 2026 [4] - A three-theater agreement with Miraj Cinemas marks IMAX's largest expansion in India in five years, with openings planned in Mumbai, Jaipur, and another city [4] Group 4: Financial Outlook - The Zacks Consensus Estimate for IMAX's 2024 revenues is $376.06 million, indicating a year-over-year increase of 0.32% [4] - The consensus estimate for 2024 earnings per share is 91 cents, suggesting a year-over-year decline of 3.19% [4]

Core Insights - IMAX Corporation and SM Cinema have announced a significant expansion of their partnership, adding 10 new IMAX with Laser systems in the Philippines, which will more than double IMAX's footprint in the country [1][2] - The deal includes three new locations and seven upgrades to existing systems, with three upgraded locations expected to open in 2024 and the rest by the end of 2026 [1][3] - The Philippines has become one of IMAX's top-performing markets in Southeast Asia, ranking among the top 30 highest-grossing IMAX markets globally since 2022 [3] Company Overview - IMAX Corporation is an innovator in entertainment technology, operating 1,772 IMAX systems across 89 countries as of March 31, 2024 [4] - The company combines proprietary software, architecture, and equipment to create immersive movie experiences, making it a key player in theatrical distribution for major event films [4] Market Significance - The expansion in the Philippines highlights the country's growing importance in the global entertainment landscape, as noted by SM Supermalls President Steven T. Tan [2] - The partnership with SM Cinema, the largest exhibitor in the Philippines, is seen as a vital component of IMAX's strategy to enhance its global network and business momentum [2][3]

IMAX Corporation (IMAX) reported first-quarter 2024 adjusted earnings of 15 cents per share, which beat the Zacks Consensus Estimate by a whopping 50% but declined 6.3% from the year-ago quarter.Total revenues of $79.12 million beat the Zacks Consensus Estimate by 1.6% but decreased 9% year over year. Greater China accounted for 27.1% of revenues. The metric declined 19.2% year over year to $21.4 million.Category-wise, technology sales and technology rentals were down 55.7% and 7.3% year over year to $7.9 m ...

IMAX Corporation (NYSE:IMAX) Q1 2024 Results Conference Call April 25, 2024 8:30 AM 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 Wold - B. Riley Securities Omar Mejias - Wells Fargo Eric Handler - ROTH MRM Chad Beynon - Macquarie Stephen Laszczyk - Goldman Sachs Mike Hickey - The Benchmar ...

Imax (IMAX) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this entertainment technology company would post earnings of $0.10 per share when it actually produced earnings of $0.17, delivering a surprise of 70%.Over the last four quarters, the ...

Imax more than hit its Q1 numbers with $79 million in revenue last quarter (down 9%) and a solid earnings bump thanks in large part to its run with Dune: Part 2, a blockbuster amid a slow quarter for big releases. The box office was offset in part by a dip in new Imax systems sales. The large format exhibitor’s global box office of $261 million marked its third highest grossing Q1 ever, driven by Dune, Godzilla x Kong: New Empire, Imax-exclusive Queen Rock Montreal and local language releases (21% of the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35066 IMAX Corporation (Exact name of registrant as specified in its charter) Canada 98-0140269 (State or other jurisdiction of ...

Exhibit 99.1 _______________ IMAX CORPORATION REPORTS FIRST QUARTER 2024 EARNINGS RESULTS • Global entertainment platform delivers Revenue of $79 million and strong profitability, including Net Income of $3.3 million up 33% YoY and Total Adjusted EBITDA Margin (1) of 40.5% up more than 300 basis points YoY. • IMAX system installations climb +67% YoY to 15 in Q1; sales activity gaining momentum with 17 signings for new and upgraded IMAX systems worldwide year-to-date. • IMAX Global Box Office (GBO) of $261 m ...

New Collaboration Brings State-of-the Art IMAX with Laser to Thriving Turkish Cinema Market for First Time NEW YORK and ISTANBUL, April 24, 2024 /PRNewswire/ -- CineNOVA and IMAX Corporation (NYSE: IMAX) today announced a new partnership to install four new state-of-the-art IMAX® with Laser systems in Turkey. This agreement is the first collaboration between the two companies and will bring the first-ever premium IMAX with Laser systems to the country, marking a significant milestone for the market. The dea ...