IMAX Corp. (IMAX) Misses Q3 EPS by 9c

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IMAX CORPORATION REPORTS THIRD QUARTER 2022 RESULTS

October 31, 2022 4:05 PM EDT

IMAX global entertainment technology platform drives double-digit growth across Revenue, Gross Margin and Adjusted EBITDA as well as positive Net Income within IMAX ChinaTotal IMAX Gross Box Office increased 25% year over year to $177.1 million, with 30% of box office coming from Local Language blockbustersStrong upcoming blockbuster film slate represents significant expected tailwind, as 2022 concludes with "Black Panther: Wakanda Forever" and "Avatar: The Way of Water," the first of four planned sequels to the highest grossing movie of all time with more than $270 million in IMAX box office receiptsIMAX completes acquisition of streaming... More