IMAX Corporation is a technology company that specializes in immersive cinematic experiences by providing advanced film and projection systems. The company designs and manufactures cutting-edge equipment for large-scale theaters, allowing audiences to experience films in stunning clarity and depth. IMAX also engages in the production and distribution of feature films, collaborating with filmmakers to create content optimized for its unique format. With a global network of theaters, IMAX enhances the movie-going experience, attracting film enthusiasts and revolutionizing the way audiences engage with cinema. Read More
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the traditional media & publishing stocks, including IMAX (NYSE:IMAX) and its peers.
IMAX Corporation (NYSE: IMAX) and HOYTS Cinemas, one of Australia’s leading cinema chains, today announced a new agreement for up to five state-of-the-art IMAX® with Laser systems throughout Australia. The deal reignites the partnership between the two companies, which have not operated an IMAX location together since 2019.
IMAX Corporation (NYSE: IMAX) today announced it has renewed and expanded its senior secured revolving credit facility, increasing the Company's borrowing capacity from $300 million to $375 million with an uncommitted accordion feature allowing the Company to further expand its borrowing capacity to $515 million or greater. The new facility, which matures in 2030, was arranged in partnership with a syndicate of seven lenders, with Wells Fargo Securities, LLC as the sole lead arranger.
IMAX Corporation (NYSE: IMAX) today announced a superpowered opening weekend for Warner Bros./DC Studios’ highly anticipated “Superman,” which took flight with an impressive global opening of $30.4 million. The first entry in DC Studios’ new era under director James Gunn and Peter Safran, “Superman” is a Filmed for IMAX release shot with IMAX-certified digital cameras and featuring scenes in IMAX-exclusive expanded aspect ratio.
IMAX’s premium format is driving box office growth, with blockbusters like “F1: The Movie” boosting market share. Global expansion, content demand, and higher ticket prices fuel an optimistic outlook.
Shares of premium cinema technology company IMAX (NYSE:IMAX) jumped 3.4% in the morning session after an analyst at Rosenblatt Securities reiterated a "Buy" rating on the stock. The firm maintained its price target of $35.00, signaling confidence in the company's growth prospects. This positive sentiment was echoed by Roth Capital, which also reaffirmed its "buy" rating. The bullish analyst ratings come as IMAX continues to benefit from a strong film slate. The highly anticipated "Superman" movie was released in IMAX theaters, which is expected to draw large audiences.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its second quarter 2025 financial results on Thursday, July 24th at 8:30 a.m. Eastern Time.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Wiley (NYSE:WLY) and the rest of the traditional media & publishing stocks fared in Q1.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at traditional media & publishing stocks, starting with EchoStar (NASDAQ:SATS).
IMAX Corporation (NYSE: IMAX) today announced an outsized opening weekend for Apple Original Films and Warner Bros. Pictures’ “F1®: The Movie” — delivering a $28 million global debut. Filmed for IMAX and presented entirely in IMAX-exclusive expanded aspect ratio, “F1®: The Movie” vastly outperformed in IMAX, with the IMAX network accounting for 23% of the film’s North American bow and over 19% of its global debut, the fourth-best global result ever.
Let’s dig into the relative performance of Sinclair (NASDAQ:SBGI) and its peers as we unravel the now-completed Q1 traditional media & publishing earnings season.
Helios, the largest cinema chain in Poland, and IMAX are launching a new partnership with two new IMAX with Laser locations across Poland. The two locations will open in Gdynia and Szczecin, opening in time for the premiere of “Avatar: Fire and Ash”, the third part of the acclaimed saga.
IMAX has strong film pipelines and relationships with studios and directors, reaffirmed by analyst Steve Frankel with a Buy rating and $35 price target.
IMAX Corporation expanded its stock buyback program by $100 million, raising the total authorization to $500 million and extending it through June 2027.
IMAX Corporation (NYSE: IMAX) today announced an increase of $100 million in the Company’s share repurchase program along with a one-year extension through June 30, 2027. This expansion brings the Company’s total share repurchase authorization to $500 million, of which approximately $250 million remains available.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
IMAX Corporation (NYSE: IMAX) today announced that the highly anticipated “Mission: Impossible — The Final Reckoning” delivered a $31 million debut in the IMAX global network through Monday — the biggest IMAX global opening in the nearly thirty-year history of Tom Cruise’s iconic action franchise.
EVT (ASX: EVT) and IMAX Corporation (NYSE: IMAX) today announced a significant expansion of their fast-growing partnership, with an agreement for four new state-of-the-art IMAX® with Laser systems across Australia. The agreement represents the largest deal ever for new IMAX locations in Australia and triples the IMAX network with EVT. Three locations are set to open before the end of 2026, with an additional location set to open in 2027.
Regal Cinemas and IMAX (NYSE: IMAX) today announced an expansion of their longstanding partnership with an agreement for four new IMAX® with Laser locations in the United States’ biggest metropolitan areas. Included in the agreement, Regal will open a new IMAX theatre at the iconic L.A. LIVE entertainment complex in Downtown Los Angeles, with an IMAX 70mm film projector and 80-foot screen that will be among the largest in the city.
