earnings
confidence high
sentiment positive
materiality 0.75
IMAX Q3 2024: Net income $14M (+16% YoY), installs up 63%, signs 119 systems to date
IMAX CORP
2024-Q3 EPS reported
$0.39
revenue$259,536,000
- Diluted EPS of $0.26 (+18% YoY); adjusted EPS of $0.35 matches Q3 record.
- Total Adjusted EBITDA $39M at 42% margin; cash from ops $35M (+23% YoY).
- 49 system installs in Q3 (+63% YoY); system signings of 119 in 9 months vs 129 in all of 2023.
- Expects record global box office >$1.2B in 2025; slate includes Gladiator II, Wicked, Moana 2, Mufasa.
- Network growth accelerating; install guidance reaffirmed at high end of full-year range.