Jul. 25 at 5:09 PM
$IMAX earnings beat! But why is it a Zacks Rank #4 (Sell)? 🤔
🎬 EPS up 44.4% YoY, beating estimates by 36.84%
📈 Box office sales increased 40.5%, contributing to overall growth
⚠️ Yet, challenges remain with declining system sales in Technology Products and Services and a significant drop in "Other" content solutions revenue
Discover the full story here 👉 https://www.zacks.com/stock/news/2618323/imax-q2-earnings-surpass-expectations-revenues-increase-yy?cid=sm-stocktwits-2-2618323-body-4017&ADID=SYND_STOCKTWITS_TWEET_2_2618323_BODY_4017