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Imax Corp - $IMAX STOCK NEWS

Welcome to our dedicated page for Imax news (Ticker: $IMAX), a resource for investors and traders seeking the latest updates and insights on Imax stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Imax's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Imax's position in the market.

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IMAX (NYSE: IMAX) will participate in the 52nd Annual J.P. Morgan Global Technology, Media, and Communications Conference in Boston, MA. Rich Gelfond, CEO, will be the Executive present at the event. One-on-one investor meetings will also be held. A live webcast of the fireside chat will be available on the IMAX investor relations website.

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IMAX (NYSE: IMAX) and SM Cinema have expanded their partnership by adding 10 state-of-the-art IMAX with Laser systems in the Philippines, more than doubling IMAX's footprint in the country. The deal includes three new locations and upgrades to seven existing systems, with three upgrades set to open in 2024 and the rest by 2026. This expansion signifies IMAX's growing presence in the global entertainment market and its business momentum. The collaboration underscores the success of the partnership between IMAX and SM Cinema, with the Philippines being one of IMAX's top performing markets in Southeast Asia.

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IMAX reported strong financial results for the first quarter of 2024, with revenue of $79 million and net income of $3.3 million, up 33% year-over-year. IMAX system installations increased by 67% year-over-year to 15 in Q1. The company's global box office hit $261 million, driven by blockbuster films like 'Dune: Part Two' and 'Godzilla x Kong: New Empire'. IMAX captured 5.9% of the domestic box office in Q1, its highest quarterly market share ever in North America.
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IMAX and CineNOVA have launched a partnership to bring four new state-of-the-art IMAX with Laser systems to Turkey, marking a significant milestone for the Turkish cinema market. The deal will see installations in key cities like Istanbul and Ankara, with two locations opening in 2024 and the remaining two in 2025 and 2026. The collaboration aims to provide audiences with unforgettable cinematic experiences by combining the best technology with top-notch operations management.
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1.26%
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IMAX (NYSE: IMAX) schedules a conference call to discuss its first quarter 2024 financial results on April 25th, 2024, at 8:30 a.m. Eastern Time. Interested parties can access the call via webcast or telephone by pre-registering. Replay will be available on IMAX's investor relations website.
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IMAX and Miraj Cinemas have announced a new partnership to install three new IMAX with Laser systems at key locations across India, marking IMAX's largest expansion in the country in five years. The deal includes the first-ever IMAX system in Jaipur and a system in Mumbai's iconic IMAX Wadala. IMAX's CEO Rich Gelfond expressed excitement over the collaboration, highlighting India's strong momentum as a top-grossing market for the company.
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0.78%
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IMAX and Major Cineplex have announced plans to expand their partnership with three new state-of-the-art IMAX with Laser locations in Thailand, marking a significant step for IMAX in the Southeast Asian market. The deal aims to bring The IMAX Experience to new locations in Bangkok, enhancing the moviegoing experience for Thai audiences.
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Bona Film Group and IMAX announce an expansion of their partnership with three new state-of-the-art IMAX® with Laser systems in China, starting in 2026. This deal marks their first post-COVID agreement, reflecting the strong demand for The IMAX Experience in China.
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NBC to Present 2024 Paris Olympics Opening Ceremony Live in IMAX Theatres Nationwide for the First Time Ever
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IMAX and Crazy Boat Pictures are set to release 'Deep Sky,' an IMAX Original documentary narrated by Michelle Williams, in over 300 North American IMAX locations. Tickets are now on sale for this highly anticipated film.
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Imax Corp

NYSE:IMAX

IMAX Rankings

IMAX Stock Data

878.84M
42.77M
19.2%
77.64%
5.54%
Motion Picture and Video Production
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About IMAX

it’s an entertainment experience so real you feel it in your bones, so magical it takes you places you have never been; so all-encompassing you’re not just peeking through the window, but part of the action. behind it is a world of high technology – proprietary software, architecture and equipment pioneered by imax. imax is unique – not an entertainment or technology or distribution company but all three at once: an innovator with patented technology; a hollywood insider that partners with the world’s most celebrated movie-makers to enhance their biggest blockbusters and documentaries; and a global enterprise with more than 1000 theatres in 68 countries. there’s only one imax, and once experienced there’s no going back…