Imax: Q2 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

MISSISSAUGA, Ontario (AP) — MISSISSAUGA, Ontario (AP) — Imax Corp. (IMAX) on Wednesday reported second-quarter earnings of $8.4 million.

The Mississauga, Ontario-based company said it had net income of 15 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The entertainment technology company posted revenue of $98 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $88.7 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMAX at https://www.zacks.com/ap/IMAX

Advertisement

Recommended Stories