The company reported $0.43 non-GAAP EPS and 12.1% year-over-year revenue growth, exceeding analyst expectations.
IMAX posted second-quarter non-GAAP earnings per share of $0.43, surpassing estimates by $0.16, as revenue climbed to $102.8M. The 12.1% year-over-year increase in revenue also exceeded projections by $9.05M.
The results reflect strong operating profitability, with a net income margin of 15.5% and an adjusted EBITDA margin of 46.6%. Year-to-date cash from operating activities further underscored the company’s financial performance.
Shares showed muted reaction in after-hours trading as investors digested the earnings beat.