Brief: Imax Corp Reports Q1 Earnings Per Share Of $0.13

IMAX China Holding

26/04/2019 12:52

April 26 (Reuters) - Imax Corp  IMAX.N :
    * ORATION REPORTS FIRST-QUARTER 2019 RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.18
    * Q1 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES
DATA
    * Q1 EARNINGS PER SHARE $0.13
    * QTRLY REVENUES OF $80.2 MILLION
    * QTRLY GROSS BOX OFFICE FROM IMAX DMR® FILMS WAS $256.3
MILLION
IN Q1 OF 2019 COMPARED TO $246.9 MILLION IN Q1 OF 2018
    * QTRLY GROSS MARGIN ACROSS ALL SEGMENTS IN Q1 OF 2019 WAS
$45.1
MILLION, OR 56.3% OF TOTAL REVENUES
    * RAISES FULL-YEAR 2019 BOX OFFICE GUIDANCE
    * WITH A ROBUST LINEUP OF TENTPOLE FILMS AHEAD, LIKE
AVENGERS:
ENDGAME, ANTICIPATE DELIVERING STRONGEST BOX OFFICE YEAR EVER IN
2019
    * CURRENTLY ANTICIPATES IMAX GLOBAL BOX OFFICE WILL SEE
LOW-DOUBLE
DIGIT PERCENTAGE GROWTH IN 2019, COMPARED TO 2018
    * DOMESTIC IMAX PRE-SALES FOR AVENGERS: ENDGAME STAND AT $21
MILLION, UP 70% COMPARED TO AVENGERS: INFINITY WAR
    * THEATER BUSINESS SEGMENT REVENUES WERE $30.3 MILLION IN
QUARTER,
COMPARED WITH $35.0 MILLION IN PRIOR-YEAR PERIOD
    * THERE WERE 571 THEATERS IN BACKLOG AS OF MARCH 31, 2019,
COMPARED TO 529 IN BACKLOG AS OF MARCH 31, 2018
    * "AVENGERS: ENDGAME DELIVERS BIGGEST IMAX OPEN EVER IN
CHINA"
    * IMAX -  . IN ITS FIRST TWO DAYS, RELEASE OF AVENGERS:
ENDGAME IN
CHINA, INCLUDING MIDNIGHTS, FILM GENERATED OVER $21 MILLION OF
IMAX BOX OFFICE

Source text for Eikon:  ID:nPn4J4bQ2a 
Further company coverage:  IMAX.N 

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