IMAX Earnings Sink Due to Coronavirus Pandemic
- October 29, 2020
- varietybrentlang
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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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