Core Insights - Imax reported revenue of $86.02 million for the quarter ended December 2023, a decrease of 12.3% year-over-year, with EPS at $0.17 compared to $0.19 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $89.46 million, resulting in a surprise of -3.84%, while the EPS exceeded expectations with a surprise of +70.00% against a consensus estimate of $0.10 [1] Financial Performance Metrics - Total IMAX System installations reached 69, significantly higher than the two-analyst average estimate of 45 [2] - Revenue from Content Solutions was $19.09 million, below the average estimate of $23.63 million from six analysts [2] - Revenue from All Other segments was $4.44 million, exceeding the six-analyst average estimate of $3.14 million [2] - Revenue from Technology Products and Services was $62.49 million, slightly below the estimated $62.71 million [2] - Gross Margin for Content Solutions was $9.71 million, lower than the estimated $11.87 million [2] - Gross Margin for All Other segments was $4.10 million, significantly higher than the average estimate of $1.55 million [2] - Gross Margin for Technology Products and Services was $29.88 million, below the estimated $33.71 million [2] Stock Performance - Imax shares have returned +10.7% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Compared to Estimates, Imax (IMAX) Q4 Earnings: A Look at Key Metrics