IMAX Beats Q2 Earnings Estimates With $102.8M Revenue, Stock Jumps 4%

IMAX10.93%
IMAX reported second quarter revenue of $102.8 million, exceeding consensus estimates of $93.9 million. Adjusted EBITDA came in at $48 million versus the forecasted $39.3 million, while adjusted earnings per share reached $0.43 compared to the estimated $0.28. The stock surged nearly 4% in premarket trading following the results.
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