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IMAX beats by $0.01, beats on revs

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starbuxsux   Thursday, 07/23/15 04:25:11 PM
Re: None
Post # of 455 
IMAX beats by $0.01, beats on revs

Reports Q2 (Jun) earnings of $0.40 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.39; revenues rose 35.5% year/year to $107.2 mln vs the $100.35 mln consensus.
There were 391 theaters in backlog as of June 30, 2015, compared to 419 in backlog as of June 30, 2014. In the second quarter of 2015, the Company signed contracts for 30 theatres, of which 28 were for new locations and 2 were for upgrades. Global per screen average of $415K in Q2 2015, driven by a 41% increase in domestic and 33% increase in international per screen averages compared to Q2 2014.

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