Why IMAX Stock Popped Today
The Odyssey is a "transformational event" for the movie tech leader.
Quick take
Read original at Yahoo Finance IMAX shares rose sharply after the company reported earnings that exceeded Wall Street's estimates, with revenue climbing 12% to $103 million in the second quarter. CEO Rich Gelfond cited the success of Christopher Nolan's The Odyssey, which generated a record-breaking $52 million opening weekend. Adjusted earnings surged 65% to $0.43 per share.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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