Imax share nosed higher in after-market trading, up over 3% on solid numbers, new installations, and a roaring good outlook by CEO Rich Gelfond. Content revenues of $30 million fell 32% year-over-year, up against Christopher Nolan's phenomenon Oppenheimer — the company's fifth highest grossing title of all time — in the year prior.
NEW YORK--(BUSINESS WIRE)--IMAX Corporation (NYSE: IMAX) today reported solid financial results for the third quarter of 2024, demonstrating the value of its unique global entertainment platform and broad content portfolio. “IMAX continues to set the table for a new, sustained era of growth with a 2025 and 2026 slate that is as promising as we've ever seen,” said Rich Gelfond, CEO of IMAX. “Wit...
NEW YORK--(BUSINESS WIRE)--IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its third quarter 2024 financial results on Wednesday, October 30th at 4:30 p.m. Eastern Time. This call is being webcast and can be accessed at https://www.imax.com/content/investor-relations. To access the call via telephone, interested parties will need to pre-register by going ...
PLAYA VISTA, Calif.--(BUSINESS WIRE)--IMAX Corporation (NYSE: IMAX) today named Jonathan Fischer as Chief Content Officer — a role in which he will oversee the Company's content strategy across Hollywood and international films, IMAX Documentaries, IMAX Live, and originals and experiences across music, gaming, sports, and more. Most recently, Fischer served as Vice President of Content Strategy...
IMAX Corporation has a long growth runway in international markets, as the foreign markets' IMAX theater network penetration rate is lower than that for the US. IMAX can achieve higher profit margins in the future with rising top line contribution from alternative content that boosts the company's overall capacity utilization rate. IMAX stock is trading at below 1 times PEG, which implies that ...
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.
The recent market sell-off has felt rather painful. It's certainly been a while since we've witnessed stocks falling into an extended losing streak.
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