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Imax Corp - IMAX STOCK NEWS

Welcome to our dedicated page for Imax news (Ticker: IMAX), a resource for investors and traders seeking the latest updates and insights on Imax stock.

IMAX Corporation (NYSE: IMAX) stands as a premier global technology platform for entertainment and events. Renowned for its immersive cinematic experiences, IMAX combines proprietary software, specialized auditorium architecture, and patented technology to deliver unparalleled visual and sound quality. The company's innovative approach enables it to be a leader in multiple facets: as a technology innovator, a Hollywood collaborator, and a global enterprise.

IMAX partners with top filmmakers and studios to enhance blockbuster movies and documentaries, ensuring that every film shown in its theaters offers a unique, awe-inspiring experience. The company's state-of-the-art systems are operational in over 1,772 theaters across 90 countries, making it a dominant force in the global cinema landscape.

Recent achievements highlight the company's robust performance and innovation. For instance, IMAX recorded a stellar 22% of the global box office for 'Dune: Part Two' in its second weekend, marking the biggest global weekend market share in the company's history. Furthermore, IMAX has expanded its footprint by partnering with Major Cineplex in Thailand and Miraj Cinemas in India, adding numerous state-of-the-art IMAX with Laser systems.

Financially, IMAX remains solid with significant liquidity and a strategic share-repurchase program aimed at enhancing shareholder value. As of March 31, 2024, the company reported available liquidity of $367.0 million and continues to invest in technology and global expansion.

IMAX's commitment to innovation extends beyond just films. It is also a pioneer in live events, gaming, and virtual reality experiences. Additionally, the company maintains a strong presence on social media and regularly engages with its audience through platforms like Instagram, Facebook, LinkedIn, X (formerly Twitter), and YouTube.

Headquartered in New York, Toronto, and Los Angeles, IMAX also operates offices in London, Dublin, Tokyo, and Shanghai. The company continues to drive forward with plans for further global expansion and technological advancements, solidifying its position as a leader in the entertainment industry.

News

IMAX® Original Documentary "Deep Sky" To Open Across North America For A Special 1-Week Limited Run Beginning April 19

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IMAX and Crazy Boat Pictures are set to release 'Deep Sky,' an IMAX Original documentary narrated by Michelle Williams, in over 300 North American IMAX locations. Tickets are now on sale for this highly anticipated film.
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IMAX Sets New Record for Global Market Share with "Dune: Part Two"

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IMAX Corporation's global network continues to excel with 'Dune: Part Two', capturing 22% of the film's global box office in its second weekend, marking the biggest global weekend market share in IMAX history. The film amassed $27.7 million in global box office over the weekend, contributing to a total of $72.4 million in IMAX box office to date. IMAX's performance was driven by strong results worldwide, with notable performances in North America and China.
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IMAX To Present At The 36th Annual ROTH Conference

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IMAX Corporation (IMAX) will participate in the 36th Annual ROTH Conference in Laguna Niguel, CA. The CFO, Natasha Fernandes, will lead a fireside chat on Monday, March 18th at 11:30 a.m. PT. IMAX will also engage in one-on-one investor meetings at the event.
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IMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2023 RESULTS

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IMAX Corporation reports impressive financial results for FY23 with over 25% YoY growth in revenue, net income, adjusted EBITDA, and adjusted EPS. The company achieved a full-year GAAP EPS of $0.46, up from a loss of ($0.40) in FY22, and a full-year adjusted EPS of $0.94, up from $0.06 in FY22. IMAX also saw a significant increase in net income, adjusted EBITDA, system sales activity, and cash from operations. The company delivered on the high end of guidance with system installations and achieved a global box office of approximately $1.1 billion. IMAX's strong network growth and global content strategy contributed to its success in 2023.
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IMAX To Present at The Morgan Stanley Technology, Media, & Telecom Conference

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IMAX Corporation will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 5th, with CEO Rich Gelfond as the keynote speaker. The company will also engage in one-on-one investor meetings at the event.
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IMAX Corporation to Announce Fourth-Quarter and Full-Year 2023 Financial Results and Host Conference Call

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IMAX Corporation (NYSE: IMAX) has announced a conference call to discuss its fourth quarter and full-year 2023 financial results on February 27th at 4:30 p.m. Eastern Time. The call will be webcast and accessible via telephone, with pre-registration required. A replay will also be available on IMAX's investor relations website.
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IMAX Names Anne Globe as Chief Marketing Officer

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IMAX Corporation appoints Anne Globe, former CMO of Skydance Media and Dreamworks Animation, as the Chief Marketing Officer. Globe will oversee brand, film marketing, creative, and social media for the global entertainment technology platform. CEO Rich Gelfond praises Globe's experience and versatility. Globe aims to bring her expertise in film, TV, games, and digital platforms to expand IMAX's experiences and events. She has successfully managed marketing and distribution strategies for key franchises in her previous roles. Globe's appointment reflects IMAX's commitment to diversifying its offerings and engaging global audiences.
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IMAX and Hyperobject Industries Join Forces to Head Into the Eye of the Storm with New Feature Documentary, "Stormbound"

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IMAX Corporation (IMAX) and Hyperobject Industries Commence Production on 'Stormbound' Documentary Chronicling the Life of Storm Chaser Jeff Gammons Filmed with IMAX Film and IMAX-Certified Digital Cameras
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IMAX Soars to Banner Year in 2023 with $1.06 Billion in Global Box Office

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IMAX Corporation (IMAX) achieved a historic milestone with its highest grossing year ever at the domestic box office, generating $393 million in 2023. The company's global box office reached $1.06 billion, marking the second highest grossing year in its history. IMAX experienced a 24.4% growth in global box office over 2022 and programmed a record 98 new films worldwide in the year. Christopher Nolan's 'Oppenheimer' was the top grosser with $183.2 million, and the company's global technology platform outperformed exhibitors with a 2% increase over its 2017-2019 average. IMAX CEO Rich Gelfond expressed the company's commitment to pushing the envelope with technology and driving future growth. IMAX also saw record-breaking performances at the North American box office and grosses from local language films worldwide, with $227 million in local language box office from films across China, India, and Japan. The company expects to program more than 100 films, experiences, and events globally in 2024, including highly anticipated blockbusters and exclusive experiences.
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IMAX and Pathé Live Announce The Global Release of "QUEEN ROCK MONTREAL" Exclusively In IMAX Theatres For A Limited Engagement Beginning January 18

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IMAX (NYSE: IMAX) and Pathé Live, in partnership with Mercury Studios and Queen Films, announced the global release of 'QUEEN ROCK MONTREAL' exclusively in IMAX® beginning January 18, 2024. The film captures Queen's historic 1981 concert in Montreal, digitally remastered for The IMAX Experience®. The concert features Queen's greatest hits, including 'We Will Rock You,' 'Bohemian Rhapsody,' and 'Another One Bites the Dust.' 'QUEEN ROCK MONTREAL' will be released in over 450 IMAX locations globally for four days, showcasing Queen's unparalleled musicianship and vocal talents in their rawest form.
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FAQ

What is the current stock price of Imax (IMAX)?

The current stock price of Imax (IMAX) is $24.21 as of November 15, 2024.

What is the market cap of Imax (IMAX)?

The market cap of Imax (IMAX) is approximately 1.3B.

What makes IMAX unique in the entertainment industry?

IMAX Corporation uniquely combines proprietary software, architecture, and equipment to create immersive cinematic experiences. It is a technology innovator, Hollywood collaborator, and a global enterprise with theaters in over 90 countries.

How does IMAX partner with filmmakers and studios?

IMAX collaborates with top filmmakers and studios to enhance their blockbusters and documentaries, ensuring each film offers a unique, immersive experience using IMAX's cutting-edge visual and sound technology.

What recent achievements has IMAX accomplished?

IMAX recently recorded 22% of the global box office for 'Dune: Part Two' during its second weekend. The company also expanded its global footprint by partnering with Major Cineplex in Thailand and Miraj Cinemas in India, adding new state-of-the-art IMAX with Laser systems.

What is IMAX's financial condition?

As of March 31, 2024, IMAX reported available liquidity of $367.0 million, robust financial health, and a strategic share-repurchase program aimed at enhancing shareholder value.

What are IMAX's future plans?

IMAX plans to continue expanding globally, investing in advanced technologies, and diversifying its content offerings across film, live events, gaming, and virtual reality experiences.

How many theaters does IMAX operate worldwide?

IMAX operates over 1,772 theaters across 90 countries, making it a dominant force in the global cinema landscape.

What social media platforms does IMAX use?

IMAX maintains a strong presence on Instagram, Facebook, LinkedIn, X (formerly Twitter), and YouTube to engage with and update its audience.

Where are IMAX's headquarters located?

IMAX has headquarters in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai.

What is IMAX with Laser technology?

IMAX with Laser is IMAX's most advanced theatre experience, developed to deliver crystal clear, lifelike images and precision audio. It features a ground-breaking 4K laser projection system with a new optical engine, custom designed lenses, and proprietary technology.

How can investors access IMAX's financial results?

Investors can access IMAX's financial results and updates through the IMAX Investor Relations website located at investors.imax.com, where they also post quarterly box office results and other relevant information.

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Imax Corp

NYSE:IMAX

IMAX Rankings

#2322 Ranked by Market Cap
N/A Ranked by Dividends

IMAX Stock Data

1.29B
52.68M
19.15%
84.05%
9.62%
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