Queen Rock Montreal

IMAX Corporation Reports First Quarter 2024 Earnings Results

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星期四, 四月 25, 2024
Debt-to-GDP ratio, Queen Rock Montreal, Sale, Service, Commercial, IMAX, Dune: Part Two, Webcast, Writer, Water, EPS, Line of credit, Marketing, Telephone, Note, Security (finance)

During the first quarter the Company installed 15 systems compared to 9 systems in the first quarter of 2023.

Key Points: 
  • During the first quarter the Company installed 15 systems compared to 9 systems in the first quarter of 2023.
  • Net cash used in operating activities for the first quarter of 2024 was $11.0 million compared to net cash provided by operating activities of $21.2 million in the first quarter of 2023.
  • On a monthly basis, the Company posts quarter-to-date box office results on the IMAX Investor Relations website located at investors.imax.com .
  • The Company will host a conference call today at 8:30 AM ET to discuss its first quarter 2024 financial results.

IMAX Soars to Banner Year in 2023 with $1.06 Billion in Global Box Office

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星期二, 一月 9, 2024
Filmmaking, Language, Despicable Me 3, Exhibition, IMAX, Queen Rock Montreal, GBO, Deadpool 2, IMAX Corporation, Growth, Film industry

NEW YORK, Jan. 9, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) soared to $1.06 billion in global box office in 2023 — the second highest grossing year in the Company's history — powered by a diverse portfolio of awe-inspiring experiences across Hollywood and local language films, concerts, and live events*.

Key Points: 
  • IMAX drove 24.4% growth in global box office over 2022 and programmed a record 98 new films worldwide in the year.
  • The IMAX global technology platform further distinguished itself from exhibitors in 2023, as IMAX global box office increased 2% over its 2017-2019 average compared to an estimated -21% decline for exhibitors worldwide**.
  • With $393 million in box office receipts, 2023 was IMAX's highest grossing year ever at the domestic box office.
  • *All global box office figures exclude booking fees in China; including booking fees IMAX 2023 GBO is $1.09B