IMAX Corp. (IMAX) Tops Q2 EPS by 8c, Beats on Revenue

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IMAX CORPORATION REPORTS Q2 2023 RESULTS

July 26, 2023 4:05 PM EDT

Global entertainment technology platform delivers strong Q2 year-over-year growth across all key metrics, including Revenue (+32%), Gross Margin (+31%) and Adjusted EBITDA (+29%)(1)Systems signings climb to 84 to-date significantly more than the Company delivered in all of 2022 (47) as system installations grow to 29 through JuneStrong IMAX share of global box office across summer blockbuster season highlighted by record-breaking 20% indexing with $35 million IMAX debut of "Oppenheimer"Cash flow improvement continues, with cash from operations of  $25.9 million in first half of 2023 versus $(5.3) million use of cash in the first half of... More