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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 Corporation Responds to Letko's Statement on the Proposed Privatization of IMAX China

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IMAX Corporation reiterates belief that the privatization transaction is in the best interests of IMAX China shareholders and represents a compelling offer.
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IMAX® MAKES AWARD-WINNING DEBUT AT IBC 2023

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IMAX Corporation wins two Best of Show Awards for its Stream Smart™ product at the 2023 International Broadcasting Convention (IBC) in Amsterdam
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IMAX® and Prime Focus Technologies (PFT) expand strategic relationship into the streaming ecosystem

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IMAX and PFT expand partnership to extend access to Stream Smart™ technology across Europe, Asia, and Australia
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Talking Heads' "Stop Making Sense" World Premiere at TIFF Becomes Highest Grossing IMAX Live Event Ever

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IMAX's special screening of Jonathan Demme's Stop Making Sense becomes highest grossing IMAX Live event of all time
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IMAX® BRINGS CUTTING-EDGE STREAM SMART™ TECHNOLOGY TO IBC

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IMAX to showcase its next-generation streaming technology, Stream Smart™, at IBC in Amsterdam. The technology ensures a premium experience at lower distribution costs. IMAX acquired SSIMWAVE in 2022 to enhance viewer experience and expand streaming capabilities.
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Impressive Chinese Debut Pushes "Oppenheimer" Past $170 Million in IMAX Global Box Office

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IMAX Corporation's film 'Oppenheimer' has reached $170 million in global box office, making it the fifth highest grossing IMAX release of all time. The film had a strong debut in China, earning $10.2 million, which accounted for 30% of the opening weekend box office on less than 1% of Chinese screens. 'Oppenheimer' is now the biggest IMAX opening of a Hollywood film in China this year.
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IMAX TO PRESENT AT THE 2023 BANK OF AMERICA MEDIA, COMMUNICATIONS & ENTERTAINMENT CONFERENCE

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IMAX Corporation (NYSE: IMAX) will participate in the 2023 Bank of America Media, Communications & Entertainment Conference. The fireside chat will be held on Wednesday, September 13th at 2:50 p.m. ET and will feature Rich Gelfond, CEO of IMAX. The event will take place in New York, NY and a live webcast will be available on the IMAX investor relations website.
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IMAX TO PRESENT AT THE GOLDMAN SACHS COMMUNACOPIA + TECHNOLOGY CONFERENCE

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IMAX Corporation to participate in the 2023 Goldman Sachs Communacopia + Technology Conference. CEO Rich Gelfond to speak at fireside chat.
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IMAX Delivers Best Month of July Ever at the Global Box Office with $176.2 Million

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IMAX Corporation delivered a record-breaking performance in July, with $176.2 million in global box office revenue, surpassing the previous high by $52.1 million. Christopher Nolan's 'Oppenheimer' contributed to this success, grossing over $86 million across the IMAX global network. IMAX also had its highest grossing month of July ever in North America and China. The company plans to extend the global run of 'Oppenheimer' and debut it in IMAX in China on August 30.
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IMAX CORPORATION REPORTS Q2 2023 RESULTS

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IMAX Corporation (NYSE: IMAX) reports strong Q2 year-over-year growth with a 32% increase in Revenue, 31% in Gross Margin, and 29% in Adjusted EBITDA. The company also achieved 84 system signings, more than double the 2022 total, and 29 system installations through June. IMAX's global box office share hit a record-breaking 20% indexing with the $35 million IMAX debut of 'Oppenheimer.' Cash flow improved, with $25.9 million cash from operations in the first half of 2023 compared to $(5.3) million in the same period of 2022.
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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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