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.
IMAX Corporation (NYSE: IMAX) is an entertainment technology company whose proprietary software, architecture, and equipment support a global network of premium IMAX theaters. News about IMAX often centers on its box office performance, partnerships with studios and exhibitors, and developments across its content and technology platform.
Recent company announcements highlight record results at the global box office, including a reported $1.28 billion in IMAX global box office in 2025 and record performance in North America, China, and other international markets. IMAX news also covers major film releases on its network, such as “Avatar: Fire and Ash,” which the company describes as one of the biggest IMAX openings in its history, and a strong Thanksgiving lineup led by titles like “Zootopia 2” and “Wicked: For Good.”
Investors and followers of IMAX news can expect updates on agreements with exhibition partners, such as the multi-location deal with Cinemark to add and upgrade IMAX with Laser and IMAX 70mm film systems. The company also issues news on content partnerships, including its expanded collaboration with GKIDS to present 4K Studio Ghibli restorations in IMAX locations across North America.
In addition, IMAX uses news releases to communicate financing and capital structure actions, such as its convertible senior notes offerings and investor day events that outline its long-term growth plans. This news page is a resource for tracking IMAX’s announcements on box office milestones, film slates, technology deployments, and financial transactions over time.
IMAX China (HKSE:1970) will hold a conference call on July 27, 2021, at 8:00 p.m. ET to discuss its first-half 2021 financial results. Interested parties can access the call via telephone by calling the appropriate number for their region. A replay will be available after the call via webcast or telephone. IMAX China focuses on expanding IMAX's presence in Greater China and has established a significant operational footprint with 1,652 theater systems across 84 countries as of March 31, 2021.
IMAX achieved a significant milestone by scoring a $5.5 million domestic opening for Universal's "F9," marking its largest pandemic-era weekend at the box office. The film debuted on 378 IMAX screens, garnering 7.8% of the total domestic box office. Globally, "F9" has earned $30 million since its international rollout began. CEO Rich Gelfond praised Universal's release strategy, claiming it revitalizes the Hollywood slate. Looking ahead, IMAX plans to screen Disney's "Black Widow" on July 9 with strong pre-sales.
IMAX Corporation announced a 12-month extension to its share-repurchase program, now valid until June 30, 2022. The program allows for the repurchase of up to $200 million in common shares, with $89.4 million remaining. Since its inception on July 1, 2017, the program has seen approximately 6 million shares repurchased for about $110.6 million, resulting in a 9% reduction of shares outstanding. Despite the extension, IMAX has no current plans for further buybacks due to the operating environment.
On June 10, 2021, IMAX Corporation announced that its CEO, Richard L. Gelfond, will present at the Credit Suisse 23rd Annual Communications Conference on June 15, 2021, at 2:55 p.m. EST. The event will be webcast live and accessible via investors.imax.com. The presentation will be archived for 90 days.
IMAX Corporation (NYSE: IMAX) has announced the election of Darren Throop, founder of Entertainment One, as the Chairman of its Board. Also, Steve Pamon, former COO of Parkwood Entertainment, has been elected to the Board. These decisions were made during the Annual and Special Meeting of Shareholders. Throop's extensive background in global content and business scaling is expected to guide IMAX's growth strategy, while Pamon's experience in entertainment and technology will support the company’s new opportunities. Both appointments are effective immediately.
IMAX (NYSE: IMAX) reported a robust domestic opening weekend of $5.3 million for 'A Quiet Place Part II' across 361 screens, marking its largest opening since the pandemic began. This accounted for 9% of the film's box office despite IMAX only operating on less than 3% of total screens. Social distancing measures limited capacity to 40% in major U.S. markets like New York and California. Globally, the film earned $6.1 million, with IMAX generating $9.5 million worldwide, boosted by Universal's 'F9'. CEO Rich Gelfond emphasized this as a significant momentum shift for the box office.
IMAX recorded a significant $14 million from the international launch of Universal's "F9" across 800 screens in various regions, marking the biggest Hollywood opening since December 2019. China led with $12.4 million, representing 9.2% of "F9"'s gross on just 1% of screens. This sets a new performance benchmark for IMAX in the franchise. CEO Rich Gelfond highlighted a resurgence in moviegoing, indicating strong pent-up demand. The film's success is expected to enhance box office recovery globally.
IMAX Corporation (NYSE: IMAX) announced CEO Richard L. Gelfond will present at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 26, 2021, at 5:55 p.m. EST. The conference will be webcast live, accessible at investors.imax.com, and archived for 90 days. IMAX is a leader in entertainment technology, operating 1,652 theater systems across 84 countries. The company is known for its innovative cinematic experiences and collaborations with top filmmakers.
IMAX Corporation (NYSE: IMAX) announced that CEO Richard L. Gelfond will present at the 16th Annual Needham Virtual Technology and Media Conference on May 18, 2021, at 12:45 p.m. ET. The conference will be accessible via a live webcast at investors.imax.com. The presentation will be archived for 90 days.
IMAX Corporation (NYSE: IMAX) reported Q1 2021 financial results, highlighting a revenue increase to $38.8 million, a gross margin of $17.3 million, and positive EBITDA driven by a rebound in global box office, totaling $110 million. The company noted a significant recovery in Asia and encouraging trends in North America, with a record high for local language films in Japan. Despite a net loss of $14.8 million, IMAX strengthened its balance sheet with $230 million in convertible notes and $267.8 million in cash. Patrick McClymont will leave as CFO, with Joseph Sparacio as interim head.