China: Sichuan experiencing severe power outages amid drought, heat waves
China Sichuan province is experiencing severe power outages due to water shortages amid drought and heat waves.
Source: shanghainews.net
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Imax Loses $21 Million in Q4 Despite Recovery of Asian Markets
Imax Loses $21 Million in Q4 Despite Recovery of Asian Markets In its fourth quarter earnings report, the company surpassed analysts’ revenue expectationsBeatrice Verhoeven | March 4, 2021 @ 1:22 PM Last Updated: March 4, 2021 @ 3:15 PM Imax reported its fourth-quarter 2020 financials on Thursday, reporting a loss of $21.2 million although the company beat analysts’ revenue expectations due to strong performance in Asian markets. The company reported a loss of 21 cents per share. Wall Street had forecast a loss of 20 cents per share on $46.81 million in revenue, according to...
Source: thewrap.com