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Stock impact report

3 Reasons Why IMAX Fell After Earnings [The Motley Fool]

Imax Corporation (IMAX) 
Last imax corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: imax.com/content/investor-relations
Company Research Source: The Motley Fool
The provider of immersive movie theater experiences didn't give investors a Hollywood ending last week. Rick Munarriz ( TMFBreakerRick ) Mar 8, 2018 at 10:02AM Last week's financial report from  IMAX ( NYSE:IMAX )  seemed like a blowout by most measuring sticks . Revenue rose 17% to $125.6 million, ahead of the $121.2 million that analysts were targeting. The provider of enhanced theatrical screenings also saw its adjusted profit of $0.34 a share clock in ahead of the $0.32 a share that Wall Street pros were modeling.  IMAX was able to grow its box office receipts for the period, something that can't be said for the industry itself. The multiplex supersizer also had some encouraging news about how things are trending so far in the current quarter, fueled by the record-breaking IMAX performance for Black Panther . The stock still took a hit, slid Show less Read more
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