IMAX Corp. (IMAX) Tops Q1 EPS by 3c
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IMAX Corporation Reports First Quarter 2015 Financial Results
April 30, 2015 7:00 AM EDTHIGHLIGHTS
-Â Â Strong film performance along with expanded margins result in over 50% growth in adjusted net income after non-controlling interest in Q1 2015 compared to Q1 2014
-Â Â First quarter revenues increase 29% from prior year period to $62.2 million, driven by strong box office and higher installations
-Â Â Q1 2015 box office of $166 million, up 20% from Q1 2014, with 64% generated from international markets
-Â Â Strategic initiatives such as roll-out of laser system, recent long-term film deals with Disney and Warner Brothers, new theatre signings and strong theatre openings position Company well for future growth
NEW YORK, April 30, 2015... More
