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Sep 30, 2023
IMAX Q3 2023 Earnings Report
Reported record results driven by strong box office performance and network growth.
Key Takeaways
IMAX Corporation reported record Q3 2023 financial results, with significant year-over-year growth across key financial metrics, driven by a strong and diverse content portfolio and expansion of its local language strategy.
IMAX reported a 51% increase in revenue and a 98% increase in gross margin year-over-year.
System signings climbed to 120 to-date, more than double the 47 delivered in all of 2022.
Q3 marked the Company's second highest grossing quarter of all time at the IMAX global box office.
Net income was $12 million, with Adjusted EPS of $0.35 and record Adjusted EBITDA of $45 million.
Revenue by Segment
Forward Guidance
The company remains on track to deliver significant growth in system signings, installations, and Adjusted EBITDA for the full year and one of the best years in its history at the global box office.
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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