3 Winners and 2 Losers from This Week’s Earnings Storm
IMAX Corporation (NASDAQ:IMAX) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 11.11% to $0.08 in the quarter versus EPS of $0.09 in the year-earlier quarter. Revenue Decreased 10.25% to $49.9 million from the year-earlier quarter.
IMAX Corporation reported adjusted EPS income of $0.08 per share. By that measure, the company missed the mean analyst estimate of $0.09. It missed the average revenue estimate of $54.15 million.