BUZZ-IMAX falls as fourth-quarter results miss estimates

Reuters
20 Feb
BUZZ-IMAX falls as fourth-quarter results miss estimates

** Shares of cinema operator IMAX IMAX.N fall 5% to $25.87 in extended trading

** Company reported fourth-quarter revenue of 92.7 million, below analysts' estimate of $102.5 million — LSEG

** On an adjusted basis, it posted quarterly earnings of 27 cents per share vs estimates of 28 cents apiece

** In 2025, IMAX expects to deliver box office collection of more than $1.2 billion

** In 2024, the stock rose 70.4%

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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