MISSISSAUGA, Ontario (AP) — MISSISSAUGA, Ontario (AP) — Imax Corp. (IMAX) on Wednesday reported third-quarter earnings of $13.9 million.
On a per-share basis, the Mississauga, Ontario-based company said it had net income of 26 cents. Earnings, adjusted for one-time gains and costs, were 35 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The entertainment technology company posted revenue of $91.5 million in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $94.2 million.
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