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IMAX To Present at the Bank of America Media, Communications and Entertainment Conference
Prnewswire· 2024-08-21 20:05
NEW YORK, Aug. 21, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 2024 Bank of America Media, Communications and Entertainment Conference.Event: 2024 Bank of America Media, Communications and Entertainment Conference.Location: New York, NYFireside Date: Wednesday, September 4thVirtual Fireside Time: 2:50 p.m. ETIMAX Executive: Rich Gelfond, CEOIn addition, IMAX will participate in one-on-one investor meetings at the conference.A live webcast of th ...
Big Screen Stock Soars on Blockbuster Q2 Earnings
MarketBeat· 2024-07-31 11:04
IMAX TodayIMAXIMAX$20.66 +0.77 (+3.87%) 52-Week Range$13.20▼$20.97P/E Ratio43.04Price Target$23.56Add to WatchlistEntertainment technology platform operator IMAX Co. NYSE: IMAX stock hit 52-week highs following its robust Q2 2024 earnings release. The company has been able to survive and thrive in the motion picture industry even as cinemas and movie theater operators struggle. While consumers flock to IMAX theaters for larger-than-life viewing experiences, IMAX doesn’t actually own or operate them. IMAX is ...
Imax (IMAX) International Revenue Performance Explored
ZACKS· 2024-07-29 14:16
Have you evaluated the performance of Imax's (IMAX) international operations during the quarter that concluded in June 2024? Considering the extensive worldwide presence of this entertainment technology company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth p ...
"Deadpool & Wolverine" Scores Biggest IMAX Opening Weekend since 2022 With $36.5 Million Global Debut
Prnewswire· 2024-07-29 12:30
Disney/Marvel's Merc with a Mouth Sets Slew of IMAX Records, including Biggest R-Rated and Biggest July Opening of All Time NEW YORK, July 29, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and Disney/Marvel notched another historic moment in their longstanding, successful partnership with the $36.5 million IMAX global debut of "Deadpool & Wolverine". The highly anticipated team-up of Ryan Reynolds and Hugh Jackman's signature superheroes delivered the eight biggest IMAX opening weekend of all time — he ...
These Analysts Boost Their Forecasts On Imax After Q2 Results
Benzinga· 2024-07-26 17:20
IMAX Corporation IMAX reported better-than-expected second-quarter sales results on Thursday.Imax reported quarterly EPS of 18 cents, which quashed the analyst consensus estimate of 7 cents. The quarterly sales were $88.96 million, down 9% year over year, beating the analyst consensus estimate of $76.01 million, according to data from Benzinga Pro.Content Solutions revenues of $35 million grew by 12% year-on-year, while Technology Products and Services revenues decreased 20% year-on-year to $51 million.Rich ...
IMAX Q2 Earnings Beat, Revenues Fall Y/Y on Box Office Slump
ZACKS· 2024-07-26 16:40
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(IMAX) - 2024 Q2 - Earnings Call Transcript
2024-07-25 19:37
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 ...
Imax (IMAX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-25 14:35
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) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 13:40
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 ...
IMAX(IMAX) - 2024 Q2 - Quarterly Report
2024-07-25 12:51
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 ...