Imax Reports Better-Than-Expected Q1 Results - Imax (NYSE:IM

Imax Reports Better-Than-Expected Q1 Results - Imax (NYSE:IMAX)

Imax reported quarterly earnings of 15 cents per share which beat the analyst consensus estimate of 10 cents by 50%. Quarterly sales of $79.12 million beat the analyst consensus estimate of $78.18 million by 1.21%. The company reported 15 Imax system installations in the first quarter, up 67% year-over-year and 17 signings for new and upgraded IMAX systems worldwide year-to-date.

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