Imax Falls As Fourth: quarter results miss estimates

IMAX

19/02/2025 21:56

** Shares of cinema operator IMAX  IMAX.N  fall 5% to $25.87
in extended trading
    ** Company reported fourth-quarter revenue of 92.7 million,
below analysts' estimate of $102.5 million — LSEG
    ** On an adjusted basis, it posted quarterly earnings of 27
cents per share vs estimates of 28 cents apiece
    ** In 2025, IMAX expects to deliver box office collection of
more than $1.2 billion 
    ** In 2024, the stock rose 70.4%

 (Reporting by Kritika Lamba in Bengaluru)
 ((Kritika.Lamba@thomsonreuters.com))