earnings
confidence high
sentiment positive
materiality 0.75
IMAX Q2 2024: Revenue $89M, Net Income $3.6M; Raises FY installation guidance to 130-150 systems
IMAX CORP
2024-Q2 EPS reported
$0.13
revenue$168,084,000
- Revenue $89M, Net Income $3.6M, EPS $0.07; Adjusted EPS $0.18, Adjusted EBITDA $31M.
- System signings 87 (+89% YoY); installations 24 (+20%); FY2024 guidance raised to 130-150 systems vs 128 in FY2023.
- Global Box Office $196M in Q2; cash from operations surged to $35M from $5M YoY.
- Revenue boosted by sale of IMAX documentary 'The Blue Angels'; expanding content portfolio.