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Imax: Q3 Earnings Snapshot
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MISSISSAUGA, Ontario (AP) — MISSISSAUGA, Ontario (AP) — Imax Corp. (IMAX) on Thursday reported third-quarter net income of $113.8 million.

On a per-share basis, the Mississauga, Ontario-based company said it had net income of $1.96. Earnings, adjusted for one-time gains and costs, were $2.21 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The entertainment technology company posted revenue of $174.6 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $168.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMAX at https://www.zacks.com/ap/IMAX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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