Multi-Theatre Deal More than Doubles IMAX Footprint in Growing Filipino Market NEW YORK and PASAY, Philippines , April 29, 2024 /PRNewswire/ -- SM Cinema, the largest exhibitor in the Philippines, and IMAX Corporation (NYSE: IMAX) today announced a significant expansion to their longstanding partnership, with 10 state-of-the-art IMAX® with Laser systems in the Philippines. The deal will bring T...
Imax more than hit its Q1 numbers with $79 million in revenue last quarter (down 9%) and a solid earnings bump thanks in large part to its run with Dune: Part 2, a blockbuster amid a slow quarter for big releases.
Global entertainment platform delivers Revenue of $79 million and strong profitability, including Net Income of $3.3 million up 33% YoY and Total Adjusted EBITDA Margin(1) of 40.5% up more than 300 basis points YoY. IMAX system installations climb +67% YoY to 15 in Q1; sales activity gaining momentum with 17 signings for new and upgraded IMAX systems worldwide year-to-date.
New Collaboration Brings State-of-the Art IMAX with Laser to Thriving Turkish Cinema Market for First Time NEW YORK and ISTANBUL , April 24, 2024 /PRNewswire/ -- CineNOVA and IMAX Corporation (NYSE: IMAX) today announced a new partnership to install four new state-of-the-art IMAX® with Laser systems in Turkey. This agreement is the first collaboration between the two companies and will bring th...
IMAX Co. NYSE: IMAX owns and operates a technology platform that specializes in enhancing cinematic experiences. Contrary to popular belief, IMAX doesn't operate cinemas or movie theaters.
Cinema attendees continue to favor premium viewing experiences making IMAX Corp (NYSE:IMAX) the top pick out of cinema stocks for Wedbush analysts ahead of first quarter earnings. The analysts believe ‘Outperform'-rated IMAX is the best way to play any upside to 2024 consensus estimates as consumers' ongoing shift toward premium screens is driving significant market share gains as IMAX also exp...
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