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IMAX Posts Mixed Earnings but Lifts Box Office Guidance

Jacob Sonenshine

, the movie theater operator, raised its full-year guidance but missed on the top while beating on the bottom line in its first-quarter results. IMAX said it will see low double-digit percent growth in its box office business for full-year 2019. Earnings per share for the quarter ended March 31 came in at 18 cents, beating Wall Street estimates of 17 cents.