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Imax Corp - IMAX STOCK NEWS

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

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.

Rhea-AI Summary
IMAX Corporation's film 'Oppenheimer' has reached $170 million in global box office, making it the fifth highest grossing IMAX release of all time. The film had a strong debut in China, earning $10.2 million, which accounted for 30% of the opening weekend box office on less than 1% of Chinese screens. 'Oppenheimer' is now the biggest IMAX opening of a Hollywood film in China this year.
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0.11%
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Rhea-AI Summary
IMAX Corporation (NYSE: IMAX) will participate in the 2023 Bank of America Media, Communications & Entertainment Conference. The fireside chat will be held on Wednesday, September 13th at 2:50 p.m. ET and will feature Rich Gelfond, CEO of IMAX. The event will take place in New York, NY and a live webcast will be available on the IMAX investor relations website.
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Rhea-AI Summary
IMAX Corporation to participate in the 2023 Goldman Sachs Communacopia + Technology Conference. CEO Rich Gelfond to speak at fireside chat.
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-2.97%
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conferences
Rhea-AI Summary
IMAX Corporation delivered a record-breaking performance in July, with $176.2 million in global box office revenue, surpassing the previous high by $52.1 million. Christopher Nolan's 'Oppenheimer' contributed to this success, grossing over $86 million across the IMAX global network. IMAX also had its highest grossing month of July ever in North America and China. The company plans to extend the global run of 'Oppenheimer' and debut it in IMAX in China on August 30.
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News
Rhea-AI Summary
IMAX Corporation (NYSE: IMAX) reports strong Q2 year-over-year growth with a 32% increase in Revenue, 31% in Gross Margin, and 29% in Adjusted EBITDA. The company also achieved 84 system signings, more than double the 2022 total, and 29 system installations through June. IMAX's global box office share hit a record-breaking 20% indexing with the $35 million IMAX debut of 'Oppenheimer.' Cash flow improved, with $25.9 million cash from operations in the first half of 2023 compared to $(5.3) million in the same period of 2022.
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8.46%
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Rhea-AI Summary
IMAX Corporation and Cineplex Inc. have announced an expansion of their partnership with the addition of five new IMAX systems and two upgrades to IMAX with Laser in key locations across Canada. Cineplex has also renewed the agreement terms for 24 existing IMAX locations through 2028. This partnership reaffirms Cineplex's commitment to the IMAX Experience and demonstrates the demand for IMAX among exhibitors and consumers.
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Rhea-AI Summary
IMAX® (NYSE: IMAX) claims a massive 20% share of the global debut for Christopher Nolan's 'Oppenheimer' on only 740 screens worldwide, setting multiple IMAX records and achieving the biggest July opening weekend ever, both globally and domestically.
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Rhea-AI Impact
Rhea-AI Sentiment
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Imax Corp

NYSE:IMAX

IMAX Rankings

IMAX Stock Data

869.99M
42.77M
19.2%
77.64%
5.54%
Motion Picture and Video Production
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Canada
Mississauga

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…