IMAX Profits Fell In Q3 With Weak Box Office Results

By | Thursday October 24, 2013 @ 4:31am PDT

Everyone expected a soft performance in the quarter and that’s just what they got. Net income at $1.6M was -89.2% from last year’s Q3 on revenues of $51.7M, -35.9%. The revenue number was slightly ahead of the $50.64 that analysts … Read More »

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IMAX Shares Rise As Wanda-AMC News Outweighs Mixed Q2 Earnings Report

By | Thursday July 25, 2013 @ 4:26am PDT

The Q2 earnings report out this morning is actually pretty good, even though the earnings fell short of projections. Notably, the $219.7M gross box office for IMAX films in the quarter beat some analysts’ expectations. But the 9.6% jump … Read More »

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IMAX Q2 Earnings Soar, Largely In Line With Expectations

By | Thursday July 26, 2012 @ 4:24am PDT

It’s been a year since IMAX shares tumbled following a big earnings miss. That shouldn’t happen this time. The company has a better story to tell and has already previewed much of the news for Q2, including the improvement in … Read More »

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IMAX Q4 Earnings Hurt By Soft Box Office But Match Expectations

By | Thursday February 23, 2012 @ 4:51am PST

Not much to crow about in Q4 aside from the nice business Imax did with Paramount’s Mission:Impossible — Ghost Protocol. The large screen exhibition company generated net income of $6.3M in Q4, down 88.3% vs the period in 2010, on … Read More »

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IMAX Says Weak Canadian Dollar Hurt 3Q Earnings

The large-screen theater company says it generated $8.39M in net income for 3Q, up 24.6% vs the period last year, on revenues of $67.5M, up 32.2%. That translated into adjusted earnings of 16 cents a share, light of the … Read More »

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As Takeover Talk Hovers, IMAX Issues Year-End Results

By | Monday January 3, 2011 @ 9:25am PST
Mike Fleming

IMAX made news over the holidays when its stock jumped on speculative reports that Sony was angling to buy the company, though IMAX officially claimed not to know anything about it. Today, IMAX issued glowing year-end results.

TORONTO AND LOS ANGELES – JANUARY 3, 2011 – IMAX CORPORATION today

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‘Inception,’ Growth Bolster IMAX Earnings

The company’s solid third quarter was driven mainly by aggressive expansion as the large-screen format chain signed up 100 new theaters. Revenue jumped to $51.1 million from $43.5 million in the same quarter last year, and earnings rose to $6.7 million … Read More »

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