IMAX Corporation (IMAX) reported second-quarter 2024 adjusted earnings of 18 cents per share, which beat the Zacks Consensus Estimate by a whopping 200% but declined 31% from the year-ago quarter.Total revenues of $88.96 million beat the Zacks Consensus Estimate by 15.84% but decreased 9% year over year. Greater China accounted for 25.6% of revenues. The metric increased 19% year over year to $22.8 million.Category-wise, technology sales and technology rentals were down 30.4% and 28.2% year over year to $20 ...

IMAX Corporation (NYSE:IMAX) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Jennifer Horsley - Head-Investor Relations Richard Gelfond - Chief Executive Officer Natasha Fernandes - Chief Financial Officer Conference Call Participants Chad Beynon - Macquarie Eric Wold - B. Riley Securities David Joyce - Seaport Research Partners Steven Frankel - Rosenblatt Securities Omar Mejias - Wells Fargo David Karnovsky - JPMorgan Mike Hickey - The Benchmark Company James Goss - Barringto ...

For the quarter ended June 2024, Imax (IMAX) reported revenue of $88.96 million, down 9.2% over the same period last year. EPS came in at $0.18, compared to $0.26 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $76.8 million, representing a surprise of +15.84%. The company delivered an EPS surprise of +200.00%, with the consensus EPS estimate being $0.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

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 ...