IMAX Corporation Reports Third Quarter 2019 Financial Results
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IMAX Corp. (IMAX) Tops Q3 EPS by 1c
October 31, 2019 7:56 AM EDTIMAX Corp. (NYSE: IMAX) reported Q3 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $86.4 million versus the consensus estimate of $87.58 million.
Highlights for Third Quarter 2019(Note: Percentage and other changes refer to third quarter 2018 unless otherwise noted.)
Strong execution and cost discipline driving solid financial performance and increased operating leverage.5.2% increase in revenue.19.1% growth in global box office.11.7% increase in gross profit and approximately 310 basis point increase in gross profit margin to 54.5%.79.9% increase in GAAP net income attributable to... More