IMAX Corp. (IMAX) Tops Q1 EPS by 7c
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IMAX Corporation Reports First-Quarter 2016 Financial Results Highlights
April 21, 2016 7:30 AM EDTNEW YORK, April 21, 2016 /PRNewswire/ --Â
HIGHLIGHTS
Adjusted EPS of $0.22, up 214% over prior-year period, attributable to robust global box office growth and operating expense leverage Global Box Office of $272 million, up 64% from Q1 2015, driven by strong growth domestically and continued strength in international markets. Revenues increased 48% from prior-year period to $92.1 million, primarily due to strong box office Adjusted EBITDA grew 97% year-over-year to $31.5 million, resulting in adjusted EBITDA margins of 37.4%, up over 1,000 basis points from Q1 2015 Signings growth of 71%, with 36 new signings up from 21 in Q1 2015IMAX Corporation (NYSE:... More
