IMAX Corporation Celebrates Robust Q1 Earnings
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IMAX Corporation Celebrates Robust Q1 Earnings

IMAX Corporation (IMAX) has released an update.

IMAX Corporation has reported a stellar first quarter in 2024 with revenues hitting $79 million, a 33% year-over-year increase in net income, and significant system installations growth. The company’s global box office of $261 million was driven by hits like ‘Dune: Part Two’ and ‘Godzilla x Kong: New Empire’, marking its third-highest Q1 earnings ever. With a strong lineup of IMAX-filmed releases and expansion plans, IMAX is poised for continued growth and margin expansion in the coming years.

For further insights into IMAX stock, check out TipRanks’ Stock Analysis page.


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