IMAX Corp. (IMAX) Tops Q1 EPS by 3c

IMAX Corp. (NYSE: IMAX) reported Q1 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $62.2 million versus the consensus estimate of $54.1 million.

"This is a very exciting time for IMAX," said IMAX CEO Richard L. Gelfond. "Our continued progress in expanding our theatre network globally, along with our strong film performance during the first quarter, resulted in robust financial results with almost 30% revenue growth and over 50% adjusted earnings growth compared to the same period last year. With record results from Furious 7 in April and a great start to the Avenger's sequel internationally, the momentum has continued into the second quarter."

For earnings history and earnings-related data on IMAX Corp. (IMAX) click here.

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