Imax (IMAX) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.06 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 200%. 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 $0.15, delivering a surprise of 50%.Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, no par value IMAX The New York Stock Exchange Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ 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 June 30, 2024 OR ☐ TRANSITION REP ...

Exhibit 99.1 IMAX CORPORATION REPORTS SECOND QUARTER 2024 EARNINGS RESULTS • Global entertainment platform delivers solid results, including Revenue of $89 million, Net Income of $3.6 million, EPS of 7 cents, Total Adjusted EBITDA of $31 million and Adjusted EPS of 18 cents. (1) (2) (1) • Signings for new and upgraded IMAX systems grow to 87 (+89%) in the quarter; system installations climb to 24 (+20%) as Company raises installation guidance to 130 to 150 systems for full-year 2024 vs. 128 in full-year 202 ...

Global entertainment platform delivers solid results, including Revenue of $89 million, Net Income of $3.6 million, EPS(1) of 7 cents, Total Adjusted EBITDA(2) of $31 million and Adjusted EPS(1) of 18 cents.Signings for new and upgraded IMAX systems grow to 87 (+89%) in the quarter; system installations climb to 24 (+20%) as Company raises installation guidance to 130 to 150 systems for full-year 2024 vs. 128 in full-year 2023.June surge of film hits pushes quarterly Global Box Office to $196 million; third ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Imax (IMAX) , which belongs to the Zacks Film and Television Production and Distribution industry, could be a great candidate to consider.This entertainment technology company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 60%.For the most rec ...

IMAX Corporation (IMAX) has announced a significant expansion of its presence in Saudi Arabia through a first-ever collaboration with muvi Cinemas, the country's largest exhibitor. This strategic partnership marks a pivotal moment for both companies and the Saudi Arabian cinema market as a whole.The agreement outlines plans for the installation of four new state-of-the-art IMAX with Laser systems across major commercial centers in Saudi Arabia. Two systems will be located in Riyadh, the capital and most pop ...

Largest Exhibitor in Saudi Arabia to Open Four New IMAX® With Laser Locations, including Two in Riyadh and One in Jeddah's Mall of ArabiaNEW YORK and RIYADH, Saudi Arabia, July 16, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and muvi Cinemas, the largest exhibitor in Saudi Arabia, today announced their first-ever collaboration with an agreement for four new, state-of-the-art IMAX® with Laser systems across some of the biggest commercial centers in the country.Under the agreement, muvi Cinemas will br ...

NEW YORK, July 11, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its second quarter 2024 financial results on Thursday, July 25th at 8:30 a.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/BIaceefcc683494a839687115352a98934 where you wi ...

Investors in IMAX Corporation (IMAX) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $5.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...

OGULCAN AKSOY/iStock Editorial via Getty Images Investment action I recommended a hold rating for IMAX Corp. (NYSE:IMAX)(TSX:IMX:CA) when I wrote about it earlier this year, as I was not comfortable with the fact that cinema attendance is facing secular headwinds. Based on my current outlook and analysis, I recommend a buy rating. My updated view is that I believe IMAX is well positioned to navigate the structural headwind that I was afraid of previously (players like Netflix capturing share away from c ...