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Stock Market & Financial Investment News

News Breaks
March 4, 2014
07:34 EDTIMAXIMAX and MORI Cinema to install five IMAX theatres across Russia
IMAX and MORI CINEMA, one of Russia's fastest-growing exhibitors, announced an agreement to install five IMAX theatres across Russia. Under the terms of the agreement, four of the IMAX theatres will be installed in new construction projects in the cities of Irkutsk, Murmansk, Archangelsk and Moscow, with one retrofitted theatre to be installed in Togliatti. This agreement brings to six theatres MORI's total IMAX commitment.
News For IMAX From The Last 14 Days
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February 26, 2015
12:08 EDTIMAXIMAX management to meet with MKM Partners
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February 19, 2015
12:58 EDTIMAXIMAX price target raised to $43.50 from $39 at B. Riley
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07:11 EDTIMAXIMAX recognizes 57 installations in Q4
In the fourth quarter of 2014, the company signed contracts for 16 theater systems, of which 3 were upgrades, bringing total singings for 2014 to 118, of which 14 were upgrades. The Company also installed 57 theater systems in the quarter, of which 2 were upgrades of existing theater locations, bringing the full year installation total to 121 theater systems, of which 8 were upgrades. The total IMAX theater network consisted of 934 systems as of December 31, 2014, of which 809 were in commercial multiplexes. IMAX signed contracts for 118 theaters in 2014, across 28 countries, resulting in 397 theater systems in backlog as of December 31, 2014, compared to 407 theater systems in backlog as of December 31, 2013.
07:10 EDTIMAXIMAX reports Q4 adjusted EPS 34c, consensus 30c
Reports Q4 revenue $102.46M, consensus $95.28M. Reports Q4 global per screen average of $292K.

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