Imax Q2 profit tops estimates on record box office in N. America, says Q3 off "very strong start"

IMAX

24/07/2025 12:40

Overview

Imax Q2 revenue of $91.7 mln beats analyst expectations

Adjusted EPS of $0.26 surpasses estimates, reflecting strong performance

IMAX box office grows 41% YoY, boosting net income 139%

Outlook

Company says Q3 off to a very strong start

Co expects record $1.2 bln global box office in 2025

IMAX confident in network growth and content slate performance

Result Drivers

NETWORK GROWTH - IMAX reports 50% YoY increase in system installations, driving network growth

BOX OFFICE SURGE - 41% YoY increase in IMAX box office revenue boosts net income margins

TECHNOLOGY ADOPTION - Record number of releases filmed with IMAX technology increases market share

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$91.70 mln
$91.20 mln (12 Analysts)
Q2 Adjusted EPS
Beat
$0.26
$0.21 (10 Analysts)
Q2 EPS
$0.2
Q2 Adjusted Net Income
Beat
$14.60 mln
$11.20 mln (5 Analysts)
Q2 Net Income
$12.20 mln
Q2 Gross Margin
58.5%
Q2 Adjusted EBITDA Margin
42.6%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the entertainment production peer group is "buy"

Wall Street's median 12-month price target for Imax Corp is $32.00, about 9.3% above its July 23 closing price of $29.03

Press Release: ID:nBwbMW1gsa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)