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Imax Corp (IMAX) Q1 2021 Earnings Call Transcript


Imax Corp (IMAX) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Imax Corp (NYSE: IMAX)
Operator
Good day, and welcome to the IMAX Corp. First Quarter 2021 Earnings Conference Call. [Operator Instructions]
At this time, I would like to turn the conference over to Mr. Brett Harriss. Sir, please go ahead.SPONSORED:
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Imax Q1 Earnings: Revenues Rebound on Asian Box Office Recovery


Lars Niki/Getty Images for IMAX
The giant-screen exhibitor, led by Richard Gelfond, got a boost from local Japanese titles like Demon Slayer and Shin Evangelion.
Giant-screen exhibitor Imax posted higher first-quarter revenues as it was lifted by a recovery in the Asian box office.
The company, led by CEO Richard Gelfond, reduced its loss attributable to shareholders to $14.8 million, compared with a loss of $49.4 million last year when Imax was hit hard by movie theater closures during the novel coronavirus pandemic.
Despite the hit to North American movie theaters from the COVID-19 crisis with theater closures and capacity restrictions, Imax has seen strong box office performance for local titles, mainly in China, Korea and Japan as the Asian market reopened. Imax posted an adjusted loss per share of 25 cents, compared with a loss of 48 cents per share in 2020. Analysts had forecast a per-share loss of 26 cents. ....

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Meet N.J. volunteers finding vaccine appointments for seniors and the COVID bots lighting the way


Meet N.J. volunteers finding vaccine appointments for seniors and the COVID bots lighting the way
Updated Mar 08, 2021;
Posted Mar 02, 2021
Alfred D Souza receives a vaccine at the Ocean County Health Department clinic at Southern Regional Middle School in Manahawkin after being helped by volunteers from NJ Vaccine Matchmakers.Alfred D Souza
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Alfred D’Souza was desperate.
“I literally spent hours online everyday looking for appointments, just not being able to find anything,” D’Souza, 74, tells NJ Advance Media.
His wife, Anne, has asthma and is terrified of COVID-19. She limits her trips outside their Beach Haven home to the pharmacy, doctors and the grocery store. But D’Souza also has to be careful. ....

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