17.71 +0.61 (3.57%)
After hours: 7:47PM EST
|Bid||17.75 x 900|
|Ask||17.82 x 1400|
|Day's Range||17.08 - 17.46|
|52 Week Range||16.29 - 25.75|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||34.62|
|Earnings Date||Apr 23, 2020 - Apr 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.59|
IMAX China Holding, Inc. ("IMAX China" or the "Company", HKG: 1970) today reported full-year 2019 Greater China revenue of US$124.3 million, up 5.8% year-over-year, primarily driven by 11.0% growth in our network business on the back of our record-breaking box office performance. Gross profit of US$76.6 million represented 61.7% of revenue. Adjusted profit for full-year 2019 came in at US$44.6 million, up 0.6% from the prior year. For adjustments to profit for the period and a full detail of financial results, please refer to the corporate filing posted with the Hong Kong Stock Exchange or to the earnings results posted on the Investor Relations section of the IMAX China web site (http://www.imax.cn/investor).
IMAX Corp. shares rose 5% in after-hours trading Wednesday after the theater chain reported fourth-quarter earnings that beat Wall Street estimates. IMAX reported net income of $21.4 million, or 29 cents a share, in the quarter, compared with net income of $3.8 million, or 3 cents a share, in the year-ago fourth quarter. Revenue jumped 14% to $124.3 million from $109 million a year ago. Analysts surveyed by FactSet had expected net income of 28 cents a share on sales of $117.4 million. IMAX shares are down 20.4% over the last 12 months. The broader S&P 500 index has gained 21.6% in the last year.
IMAX Corporation (NYSE:IMAX) today reported full-year 2019 revenues of $395.7 million, gross profit of $214.2 million, net income of $58.6 million, or $0.95 per diluted share, and net income attributable to common shareholders of $46.9 million, or $0.76 per diluted share. Adjusted net income attributable to common shareholders for the year ended December 31, 2019 was $64.8 million, or $1.05 per diluted share. Adjusted EBITDA attributable to common shareholders was $149.3 million.
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If you're interested in IMAX Corporation (NYSE:IMAX), then you might want to consider its beta (a measure of share...
IMAX Corporation (NYSE: IMAX) today announced it will hold a quarterly conference call to discuss its fourth-quarter and full-year 2019 financial results on Wednesday, February 19, at 4:30 p.m. Eastern Time.
IMAX Corp. said Thursday it supports the decision to postpone the Chinese New Year film slate in China because of the outbreak of a new coronavirus in the city of Wuhan that has sickened more than 500 people and killed 17. "The safety of Chinese audiences is our top priority," the operator of big screen cinemas said in a statement. "IMAX supports the decision to postpone the release of the Chinese New Year film slate and believes it to be the best course of action in an unfortunate situation." The news comes as Wuhan remains in a state of lockdown as the Chinese authorities work to contain the virus, which has been compared to SARS and MERS, two other coronaviruses. Cases of the illness have been confirmed in the U.S., Japan, Thailand and Singapore and the World Health Organization is holding a meeting to decide whether to declare a global health emergency. The virus is understood to be passed from human to human. The outbreak has come on the cusp of Chinese New Year, when millions of Chinese people travel around the country to be with family. IMAX shares were down 3.6% and have fallen 10% in the last 12 months, while the S&P 500 has gained 26%.
IMAX Corporation (NYSE: IMAX) today released a statement regarding the decision to postpone the theatrical releases planned for the upcoming Chinese New Year holiday in China:
New York esports infrastructure platform Vindex will create events and experiences exclusively for the movie company's theaters across the world.
Vindex, the leading esports infrastructure platform, and entertainment technology leader IMAX (NYSE: IMAX) today announced a partnership to create esports events and experiences exclusively for IMAX® theatres worldwide.
IMAX® Corporation (NYSE: IMAX), an innovator in entertainment technology, today announced it has soared to its highest-grossing year ever at the global box office in 2019 with more than $1.035 billion earned to date worldwide and two weeks left to go.*
The giant-screen company has surpassed a billion dollars in worldwide ticket sales two years in a row.
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