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Imax Corp (IMAX.N)

IMAX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

IMAX and Cineplex expand partnership in Canada
Thursday, 24 Aug 2017 07:30am EDT 

Aug 24 (Reuters) - Cineplex Inc :IMAX and Cineplex expand partnership, adding two auditoriums and IMAX VR centre in canada.IMAX auditoriums will be added at Cineplex Odeon Eglinton Town Centre cinemas in Toronto, at Cineplex Cinemas Normanview in Regina.Companies are also working together to install IMAX VR Centre at Cineplex's Scotiabank Theatre Toronto​.  Full Article

Broadsoft Q2 non-GAAP earnings per share $0.40
Monday, 7 Aug 2017 07:30am EDT 

Aug 7 (Reuters) - Broadsoft Inc :Q2 non-GAAP earnings per share $0.40.Q2 GAAP loss per share $0.10.Qtrly total revenue increased 9% year-over-year to $88.8 million.Sees Q3 2017 revenue $84 million to $90 million.Sees FY 2017 revenue $380 million to $390 million.Sees Q3 2017 non-GAAP earnings per share $0.23 to $0.40.Sees FY 2017 non-GAAP earnings per share $2.20 to $2.50.Q2 earnings per share view $0.29, revenue view $86.6 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $2.27, revenue view $383.8 million -- Thomson Reuters I/B/E/S.  Full Article

Imax Q2 loss per share $0.03
Wednesday, 26 Jul 2017 04:38pm EDT 

July 26 (Reuters) - Imax Corp ::Q2 loss per share $0.03.Qtrl- end backlog of 580 systems.Q2 revenue $87.8 million versus $91.7 million.Q2 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.Q2 revenue view $89.3 million -- Thomson Reuters I/B/E/S.  Full Article

Primecap Management Company reports a 8.29 pct passive stake in Imax Corp
Thursday, 6 Jul 2017 12:32pm EDT 

July 6 (Reuters) - Imax Corp ::Primecap Management Company reports a 8.29 percent passive stake in Imax Corp as of June 30 - SEC filing.  Full Article

Imax announces new share-repurchase program and cost-reduction initiative
Monday, 12 Jun 2017 04:30pm EDT 

June 12 (Reuters) - Imax Corp : :Imax announces new share-repurchase program and cost-reduction initiative.Imax Corp - authorizes repurchase of up to $200 million of its common shares by June 30, 2020.Imax Corp - implementing a cost-reduction plan that will target approximately $20 million in annualized cost savings.Says as part of its cost-reduction plan Imax expects approximately 100 full-time positions.Imax Corp - expects to report aggregate pre-tax restructuring and impairment charge of about $15 million in 2017 in connection with cost-reduction efforts.Says company further expects about $11 million of restructuring and impairment charges will be recognized in Q2 of 2017.Imax Corp - anticipates cost savings to take effect beginning in Q3 of 2017.  Full Article

Imax continues rapid expansion with Les Cinémas Gaumont Pathé in Europe
Wednesday, 24 May 2017 09:15am EDT 

May 24 (Reuters) - Imax Corp : :Imax continues rapid expansion with Les Cinémas Gaumont Pathé in Europe; signs an additional six-theatre agreement for the group's top-performing locations in France And Holland.Says ‍five Imax theatres featuring Imax's next-generation laser technology will be added to exhibitor's circuit in france​.Says ‍one Imax theatre will be added to its network in Holland​.  Full Article

PVR Cinemas doubles IMAX footprint with five-theatre deal in india
Wednesday, 26 Apr 2017 07:30am EDT 

April 26 (Reuters) - Imax Corp :Pvr cinemas doubles its imax footprint with five-theatre agreement in india.Says announced a sales agreement for five imax theatres to be located in delhi and other major metropolitan markets in india.  Full Article

Imax Q1 adjusted earnings per share $0.06
Thursday, 20 Apr 2017 06:35am EDT 

April 20 (Reuters) - Imax Corp ::Imax Corporation reports first-quarter 2017 results.Q1 adjusted earnings per share $0.06.Q1 earnings per share $0.00.Q1 revenue $68.7 million.Imax Corp says Imax increases full-year 2017 installation guidance to approximately 160 new theater systems from 150 - 155 theater systems.  Full Article

IMAX, Omnijoi Cinemas expand partnership in China
Tuesday, 18 Apr 2017 06:02am EDT 

April 18 (Reuters) - Omnijoi Media Corp <300528.SZ>:IMAX - co, IMAX China Holding Jiangsu Omnijoi Cinema announced expansion of hybrid revenue-sharing arrangement, addition of 40 new IMAX theatre systems.IMAX Corp - companies expect majority of sites to open by end of 2020 with remaining sites to open by end of 2021.  Full Article

Imax and Warner Bros report virtual reality deal
Tuesday, 28 Mar 2017 07:30am EDT 

Imax Corp :Imax - co, Warner Bros. Home Entertainment announced new virtual reality co-financing and production deal to develop, release three interactive vr experiences.  Full Article

BRIEF-IMAX and Cineplex expand partnership in Canada

* IMAX and Cineplex expand partnership, adding two auditoriums and IMAX VR centre in canada