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IMAX Earnings Sink Due to Coronavirus Pandemic

IMAX Corporation was hit hard by coronavirus that cut its third quarter revenues in half and sent its earnings into negative territory. Revenues at the exhibitor plunged 56.9% to $37.3 million, down from $86.4 million in the year-ago period. IMAX reported a loss of $47.2 million or 80 cents a share versus a profit of […]

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