Date | Price Target | Rating | Analyst |
---|---|---|---|
7/24/2024 | $23.00 | Buy | Seaport Research Partners |
4/21/2023 | $22.00 → $24.00 | Outperform | Barrington Research |
12/5/2022 | $20.00 → $23.00 | Buy | B. Riley Securities |
10/12/2022 | $25.00 → $20.00 | Buy | B. Riley Securities |
5/24/2022 | $25.00 | Buy | Rosenblatt |
10/22/2021 | $27.00 | Overweight | Wells Fargo |
7/28/2021 | $24.00 → $20.00 | Neutral | JP Morgan |
Seaport Research Partners initiated coverage of IMAX with a rating of Buy and set a new price target of $23.00
Barrington Research reiterated coverage of IMAX with a rating of Outperform and set a new price target of $24.00 from $22.00 previously
B. Riley Securities reiterated coverage of IMAX with a rating of Buy and set a new price target of $23.00 from $20.00 previously
Imax Corp (NYSE:IMAX) reported its second-quarter financial results before the bell Thursday. The stock gained after the print. Here’s a look at the highlights. The Details: Imax reported quarterly EPS of $0.18, which quashed the analyst consensus estimate of $0.07. The quarterly sales were $88.96 million, down 9% year over year, beating the analyst consensus estimate of $76.01 million. Content Solutions revenues of $35 million grew by 12% year-on-year, driven by the sale of the commercial and streaming rights of “The Blue Angels” documentary. Technology Products and Services revenues decreased 20% year-on-year to $51 million due to lower box office tied rental revenues and
8-K - IMAX CORP (0000921582) (Filer)
10-Q - IMAX CORP (0000921582) (Filer)
8-K - IMAX CORP (0000921582) (Filer)
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Global entertainment platform delivers solid results, including Revenue of $89 million, Net Income of $3.6 million, EPS(1) of 7 cents, Total Adjusted EBITDA(2) of $31 million and Adjusted EPS(1) of 18 cents.Signings for new and upgraded IMAX systems grow to 87 (+89%) in the quarter; system installations climb to 24 (+20%) as Company raises installation guidance to 130 to 150 systems for full-year 2024 vs. 128 in full-year 2023.June surge of film hits pushes quarterly Global Box Office to $196 million; third quarter off to strong start with "Twisters" and this weekend's "Deadpool & Wolverine."Quarterly revenue bolstered by sale of IMAX original documentary "The Blue Angels" as Company further
NEW YORK, July 11, 2024 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX) today announced it will hold a conference call to discuss its second quarter 2024 financial results on Thursday, July 25th at 8:30 a.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 to the following link: https://register.vevent.com/register/BIaceefcc683494a839687115352a98934 where you will be provided with a dial-in number and unique pin. To avoid delays,
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.IMAX Global Box Office (GBO) of $261 million marks Company's third highest grossing Q1 ever, driven by "Dune: Part Two", "Godzilla x Kong: New Empire"; IMAX-exclusive "Queen Rock Montreal"; and local language releases, which contributed 21% of quarterly GBO.IMAX delivers 5.9% of Domestic Box Office in Q1 — Company's highest
Largest Exhibitor in Saudi Arabia to Open Four New IMAX® With Laser Locations, including Two in Riyadh and One in Jeddah's Mall of Arabia NEW YORK and RIYADH, Saudi Arabia, July 16, 2024 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX) and muvi Cinemas, the largest exhibitor in Saudi Arabia, today announced their first-ever collaboration with an agreement for four new, state-of-the-art IMAX® with Laser systems across some of the biggest commercial centers in the country. Under the agreement, muvi Cinemas will bring two IMAX systems to Saudi Arabia's capital and most populous city,
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 the first-ever premium IMAX with Laser systems to the country, marking a significant milestone for the market. The deal will bring the IMAX Experience to several key cities across Turkey, including Istanbul and Ankara, with installation for two of the locations scheduled to commence in 2024, and the remain
New Collaboration Marks IMAX's Largest Agreement for New Locations in India in Five Years LAS VEGAS, April 10, 2024 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX) and Miraj Cinemas today announced an exciting new partnership, agreeing to install three new state-of-the-art IMAX® with Laser systems at key locations across India. This deal marks the first-ever collaboration between the two companies and IMAX's largest expansion in India in five years. Miraj Cinemas will add three new IMAX systems to key locations across India, including one in Mumbai – set to open in 2024 – one in Jaipur, and a third location to be determined at a later date.
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, CEO In addition, IMAX will participate in one-on-one investor meetings at the conference. A live webcast of the fireside chat will be made available on the IMAX investor relations
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 — headlining several milestones, including: Biggest IMAX July opening everBi
Global entertainment platform delivers solid results, including Revenue of $89 million, Net Income of $3.6 million, EPS(1) of 7 cents, Total Adjusted EBITDA(2) of $31 million and Adjusted EPS(1) of 18 cents.Signings for new and upgraded IMAX systems grow to 87 (+89%) in the quarter; system installations climb to 24 (+20%) as Company raises installation guidance to 130 to 150 systems for full-year 2024 vs. 128 in full-year 2023.June surge of film hits pushes quarterly Global Box Office to $196 million; third quarter off to strong start with "Twisters" and this weekend's "Deadpool & Wolverine."Quarterly revenue bolstered by sale of IMAX original documentary "The Blue Angels" as Company further