IMAX Corporation (IMAX) reported fourth-quarter 2023 adjusted earnings of 17 cents per share, which beat the Zacks Consensus Estimate by a whopping 70% but declined 10.5% from the year-ago quarter.Total revenues of $86.01 million missed the Zacks Consensus Estimate by 3.84% and decreased 12.3% year over year.Greater China accounted for 19.2% of revenues. The metric declined 35.8% year over year to $16.5 million.Category-wise, Technology Sales and Finance Income were up 4.3% and 10.7% year over year to $35.3 ...

IMAX Corporation (NYSE:IMAX) Q4 2023 Earnings Conference Call February 27, 2024 4:30 PM 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 Handler - ROTH MKM Eric Wold - B. Riley Securities Omar Mejias - Wells Fargo Steven Frankel - Rosenblatt Securities Mike Hickey - The Benchmark Company Step ...

For the quarter ended December 2023, Imax (IMAX) reported revenue of $86.02 million, down 12.3% over the same period last year. EPS came in at $0.17, compared to $0.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $89.46 million, representing a surprise of -3.84%. The company delivered an EPS surprise of +70.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Imax (IMAX) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 70%. A quarter ago, it was expected that this entertainment technology company would post earnings of $0.21 per share when it actually produced earnings of $0.35, delivering a surprise of 66.67%.Over the last four quarters, t ...

I N V E S T O R P R E S E N T A T I O N F E B R U A R Y 2 0 2 4 F O R W A R D - L O O K I N G S T A T E M E N T S This presentation contains forward looking statements that are based on IMAX® business initiatives; conditions in the in-home and out-of-home entertainment management's assumptions and existing information and involve certain risks and industries; the opportunities (or lack thereof) that may be presented to and pursued by uncertainties which could cause actual results to differ materially from f ...

Imax saw sales dip in the fourth quarter to $86 million from $98 million, in line with Wall Street forecasts, as the company focused on the full year and its accelerated global expansion. The stock in up in after-market trading. Adjusted ebitda (earnings before interest, taxes, depreciation and amortization)was $23 million (also down from the year ago), and EPS was flat at 5 cents a share, also in line.   The fourth quarter was hit by big ticket films moving out of 2023. Oppenheimer, which came out over th ...

If you like big films and you cannot lie, there's a pretty good chance that you've been to an Imax (IMAX 1.36%) screening. You'll pay a couple of bucks more than a traditional movie ticket, but the high-end mastering, supersized screen, and robust sound system make it an experience that one can't easily duplicate at home.The one thing that isn't huge is Imax's share price. The stock is trading in the mid teens, 65% below the all-time high it hit nine years ago. In a rising market, Imax shares have fallen 9% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file Number 001-35066 IMAX Corporation (Exact name of registrant as specified in its charter) Canada 98-0140269 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...

Exhibit 99.1 _______________ IMAX IMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2023 RESULTS • Global entertainment technology platform delivers over 25% YoY growth in FY23 across Revenue, Net Income, Adjusted EBITDA (1)and Adjusted EPS (1)(2) • Full-Year GAAP EPS of $0.46, up from a loss of ($0.40) in FY22; Full-Year Adjusted EPS of $0.94, up from $0.06 in FY22 • Net Income of $25 million in FY23 increased from a loss of $(23) million in 2022 while Adjusted EBITDA (2)increases to $128 million in FY23, up 52% f ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Imax (IMAX) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 27, 2024, might help the stock move higher if these key numbers are better than expectat ...