
IMAX Corporation reported its fourth quarter earnings for 2024, revealing a net income of $5 million, a 112% increase year-over-year, and achieving a 5.7% profit margin. The company reported earnings per share (EPS) of 10 cents, doubling from the previous year, while the adjusted EPS reached 27 cents, a 59% increase. Total adjusted EBITDA for the quarter was $37 million, reflecting a 48% year-over-year growth and a margin of 40%. Revenue rose to $92.7 million, an increase of 7.7% from $86 million in the prior-year period, although it fell short of analyst estimates of $101.4 million. The strong performance was attributed to successful holiday releases such as 'Mufasa: The Lion King' and 'Gladiator II'. IMAX's CEO projected box office receipts for the year to reach $1.2 billion, marking the company's best performance in history.
































IMAX expects a $1.2 billion year at the box office. https://t.co/qBUzMl2Ack
Informa TechTarget Announces Date of Fourth Quarter and Full Year 2024 Financial Results Release, Conference Call, and Webcast https://t.co/iiwE9P0UNN https://t.co/a7xOegK89j
HEI Reports Fourth Quarter and Full Year 2024 Results https://t.co/X2CnEKkU54 https://t.co/A2lBj9fAk3