IMAX (IMAX) has released an update.
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IMAX Corporation posted strong second quarter 2024 earnings with a revenue of $89 million and net income of $3.6 million, driven by a surge in global box office hits and expansion of its network with new and upgraded systems. The company also saw a significant increase in cash from operations and is poised to capitalize on an exciting slate of upcoming films and strategic expansions.
For further insights into IMAX stock, check out TipRanks’ Stock Analysis page.