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Mar 31, 2024
IMAX Q1 2024 Earnings Report
IMAX reported Q1 2024 earnings with revenue of $79 million and strong profitability.
Key Takeaways
IMAX Corporation reported a decrease in revenue to $79 million, but a net income increase of 33% year-over-year to $3.3 million. The company's global box office reached $261 million, marking its third-highest grossing Q1 ever. IMAX's strategic expansion is fueled by its technology driving content creation as much as content delivery.
Revenue was $79 million with strong profitability.
Net Income was $3.3 million, up 33% year-over-year.
System installations climbed +67% year-over-year to 15 in Q1.
Global Box Office (GBO) was $261 million, the Company’s third highest grossing Q1 ever.
Revenue by Segment
Forward Guidance
IMAX is very well-positioned to accelerate growth and margin expansion with a promising slate for the duration of the year, 2025, and 2026, and strong sales activity across key global markets we’re targeting for expansion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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