IMAX Corporation (IMAX)
Market Cap | 873.70M |
Revenue (ttm) | 374.84M |
Net Income (ttm) | 25.34M |
Shares Out | 52.95M |
EPS (ttm) | 0.46 |
PE Ratio | 34.15 |
Forward PE | 16.57 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,135,772 |
Open | 16.35 |
Previous Close | 16.50 |
Day's Range | 15.57 - 16.39 |
52-Week Range | 13.20 - 21.82 |
Beta | 1.25 |
Analysts | Buy |
Price Target | 21.67 (+37.94%) |
Earnings Date | Apr 25, 2024 |
About IMAX
IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media an... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for IMAX stock is "Buy." The 12-month stock price forecast is $21.67, which is an increase of 37.94% from the latest price.
News
“Dune: Part 2” Sets New Record for IMAX
IMAX (IMAX) sets new record for global market share with “Dune: Part 2.” George Tsilis discusses this as IMAX saw 22% of “Dune: Part 2” total global box office from 1,600 IMAX locations.
IMAX To Present At The 36th Annual ROTH Conference
NEW YORK , March 5, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 36th Annual ROTH Conference. Event: 36th Annual ROTH Conference Location...
How Hollywood strikes could test box office forecasts: IMAX CEO
According to Comscore, Dune: Part Two recorded the best opening weekend for 2024, with $81.5 million in domestic ticket sales. However, strikes could continue to be a threat as IATSE, Teamsters Local ...
What Makes IMAX So Different From Other Movie Formats? | WSJ Tech Behind
IMAX is playing an increasingly large role in the film industry with the success of major movie releases like Christopher Nolan's “Oppenheimer.” Behind the giant screens, high color detail and custom ...
Imax Q4 Revenue Dips, CEO Touts Strong Full-Year 2023 At North American Box Office, Growing Global Footprint
Imax saw sales dip in the fourth quarter to $86 million from $48 million, in line with Wall Street forecasts, as the company focused on the full year and its accelerated global expansion. The stock in...
IMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2023 RESULTS
Global entertainment technology platform delivers over 25% YoY growth in FY23 across Revenue, Net Income, Adjusted EBITDA(1) and Adjusted EPS(1)(2) Full-Year GAAP EPS of $0.46, up from a loss of ($0.4...
IMAX To Present at The Morgan Stanley Technology, Media, & Telecom Conference
NEW YORK , Feb. 20, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the Morgan Stanley Technology, Media & Telecom Conference. Event: Morgan Sta...
IMAX Corporation to Announce Fourth-Quarter and Full-Year 2023 Financial Results and Host Conference Call
NEW YORK , Feb. 6, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its fourth quarter and full-year 2023 financial results on Tuesday, Febr...
Imax, Cinemark shares could offer upside in 2024 despite challenges for movie theaters, Macquarie says
Movie-theater stocks may be facing a tough first-quarter domestic box office, but they could be set for upside later this year, according to Macquarie Equity Research.
IMAX Names Anne Globe as Chief Marketing Officer
Former CMO of Skydance Media, Dreamworks Animation to Lead Brand, Film Marketing, Creative, and Social Media Worldwide for Entertainment Technology Platform PLAYA VISTA, Calif. , Jan. 16, 2024 /PRNews...
IMAX and Hyperobject Industries Join Forces to Head Into the Eye of the Storm with New Feature Documentary, "Stormbound"
Produced by Oscar®-Winning Filmmaker Adam McKay and Directed by Miko Lim, the New Film Explores the Remarkable World of Storm Chasing, Filmed with IMAX® Film and IMAX®-Certified Digital Cameras NEW Y...
IMAX Soars to Banner Year in 2023 with $1.06 Billion in Global Box Office
Historic Results Led by Company's Highest Grossing Year Ever at the Domestic Box Office with $393 Million NEW YORK , Jan. 9, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) soared to $1.06 billion ...
IMAX saw 'tremendous growth' in 'local language films' this year, says CEO Richard Gelfond
Richard Gelfond, IMAX CEO, joins 'Closing Bell Overtime' to discuss a possible Warner Bros. Discovery and Paramount merger and what it might mean for his company.
IMAX and Pathé Live Announce The Global Release of "QUEEN ROCK MONTREAL" Exclusively In IMAX Theatres For A Limited Engagement Beginning January 18
Watch the Trailer Download Key Art TICKETS ON SALE NOW LOS ANGELES , Nov. 29, 2023 /PRNewswire/ -- IMAX (NYSE: IMAX) and Pathé Live in partnership with Mercury Studios and Queen Films announced today ...
PATHE CINEMAS and IMAX® Expand Strategic Partnership with Agreement Spanning Five New IMAX Systems and Content Slate
Landmark Deal Includes Three-Picture Slate Agreement with PATHE LIVE NEW YORK and PARIS , Nov. 27, 2023 /PRNewswire/ -- PATHE CINEMAS, leading exhibitor in Continental Europe, and IMAX Corporation (NY...
IMAX TO PRESENT AT THE 7TH ANNUAL WELLS FARGO TMT SUMMIT
NEW YORK , Nov. 16, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 7th Annual Wells Fargo TMT Summit. Event: Wells Fargo TMT Summit Locatio...
EVT and IMAX® Expand Partnership with Five New IMAX Locations in Australia and Germany
NEW YORK and SYDNEY , Nov. 2, 2023 /PRNewswire/ -- EVT (ASX: EVT) and IMAX Corporation (NYSE: IMAX) today announced an agreement for five new state-of-the-art IMAX® with Laser systems across Australia...
Imax CEO Says “I Will Feel A Lot Better” If Strike Settles By Thanksgiving, But It Only Needs One Film At A Time
Imax CEO Rich Gelfond predicts the long SAG-AFTRA strike will settle relatively soon. If, instead, it drags on, theater chains will face a rocky second half of 2024 but he sees the large-format exhibi...
IMAX CEO: 'Oppenheimer' certainly helped the quarter
Rich Gelfond, IMAX CEO, joins 'Squawk on the Street' to discuss how much of IMAX's revenue beat was due to Oppenheimer, the slate of movies scheduled to release, and much more.
'Oppenheimer' helps IMAX swing to a profit in the third quarter
IMAX had its second highest-grossing quarter, spurred in part by major films like "Oppenheimer" and "Mission: Impossible."
Imax Sees Quarterly Revenue Surge 51% Led By ‘Oppenheimer'
Imax swung to a profit and saw revenue revenue surge in the Septembers quarter, buoyed by Oppenheimer and other content from Hollywood to local language films, concert films, docs and live events.
IMAX shares rise premarket on 3Q top and bottom line beat
Imax Corp. IMAX reported third-quarter results that beat analysts' top and bottom line estimates Wednesday, boosted by Hollywood blockbusters and strength in China, Europe and Southeast Asia. The high...
IMAX CORPORATION REPORTS RECORD Q3 2023 RESULTS
Global entertainment technology platform delivers strong Q3 year-over-year growth across all key financial metrics, including Revenue (+51%), Gross Margin (+98%) and Adjusted EBITDA (+174%)(1) Network...
IMAX® and Hengdian Films Strike Biggest IMAX Deal in Four Years For Twenty New Locations in China
Expanded Partnership Sees Hengdian Bring IMAX to Several New Markets in China NEW YORK and SHANGHAI , Oct. 19, 2023 /PRNewswire/ -- Hengdian Films and IMAX Corporation (NYSE: IMAX), IMAX China (HKSE:1...
IMAX® and GSC Expand Partnership with Six IMAX Locations in Malaysia
Malaysia Surges to Become Number-One International Growth Market for IMAX in 2023, with 13 Signings for IMAX Systems Year-to-Date KUALA LUMPUR, Malaysia and NEW YORK , Oct. 17, 2023 /PRNewswire/ -- Go...