Recap: Imax Q1 Earnings

Shares of Imax (NYSE:IMAX) were mostly flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 366.67% year over year to ($0.48), which missed the estimate of ($0.14).

Revenue of $34,902,000 lower by 56.48% from the same period last year, which missed the estimate of $43,240,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Imax hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Apr 30, 2020

Time: 07:03 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/2ec5xuxc

Technicals

Company's 52-week high was at $25.75

52-week low: $6.01

Price action over last quarter: down 25.58%

Company Profile

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.


Posted In: