 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
IMAX Corporation (IMAX) operates as a technology platform for entertainment and events worldwide. 
The company operates through three segments: IMAX Technology Network; IMAX Technology Sales and Maintenance; and Film Distribution and Post-Production.
The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.
The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions.
Shares are breaking out of their bullish "cup and handle" following the company's latest quarterly report. On Febnruart 22nd, IMAX reported Quarter December 2022 earnings of $0.05 per share on revenue of $98.0 million. The consensus earnings estimate was $0.06 per share on revenue of $95.6 million. Higher share prices are expected.
Entry Point: $19.50
Trading Range: $12.13 to $19.85
Stop Loss: $18.50
Target Price: $21.50
