IMAX Corporation

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. It specializes in digital and film-based motion picture technologies. The company operates in eight segments: IMAX Systems, Theater System Maintenance, Joint Revenue Sharing Arrangements, Film Production and IMAX DMR, Film Distribution, Film Post-Production, Theater Operations, and Other. The IMAX Systems segment designs, manufactures, sells, or leases IMAX theater projection system equipment. The Theater System Maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The Joint Revenue Sharing Arrangements segment provides IMAX theater projection system equipment to an exhibitor in exchange for a share of the box-office and concession revenues. The Film Production and IMAX DMR segment produces films and performs film re-mastering services. The Film Distribution segment distributes films for which the company has distribution rights. The Film Post-Production segment provides film post-production and film print services. The Theater Operations segment owns and operates IMAX theaters. The Other segment engages in camera rental business, as well as offers after market sales services for projection system parts and 3D glasses. The company serves institutional customers, such as science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as commercial multiplex exhibitors. It also sells or leases its theater systems to theme parks, tourist destination sites, fairs, and expositions. As of June 30, 2011, the company operated 560 IMAX theatres, including 417 commercial multiplex, 25 commercial destination, and 118 institutional in 46 countries. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

Company Details:

Company Symbol: IMAX
Sector: Movies & Entertainment
Company Rating: sell
URL: http://www.imax.com/

Related Research

  • 05/18/12 Morning Note B. Riley & Co. Morning Notes: ACCL, FCTY, IMAX, JACK, KKD, PSUN, SSI, VSAT, ZUMZ
  • 05/16/12 Morning Note B. Riley & Co. Morning Notes: CAMP, ELNK, HOTT, IMAX, OPXT, PCTI, Software and Business Services, SSI, VRML
  • 05/16/12 Update IMAX (Sell; $18.00 PT): Rising Box Office Lifts All Ships; Increasing Q2 Estimates… but Remain Concerned about Competitive and Economic Risks to…
  • 05/10/12 Morning Note B. Riley & Co. Morning Notes: BEBE, CSTR, EMKR, Exhibitors and Related Technologies, PPC
  • 05/07/12 Morning Note B. Riley & Co. Morning Notes: DRL, EVOL, Exhibitors and Related Technologies, GRPN, HSKA, LIOX, TWO
  • 04/30/12 Morning Note B. Riley & Co. Morning Notes: ANH, CALD, CELL, CinemaCon Recap, Exhibitors and Related Technology, CLNY, FCAL, KEYN, MYGN, PPC, PRGX, Q1 '12 Earnings…
  • 04/30/12 Update Industry Update: CinemaCon Recap: Enhancing the Digital Offering and Driving Consolidation
  • 04/27/12 Desk Report IMAX (Sell; $18.00 PT): Reports In-Line Q1; Competitive Moves Foreshadow Model Pressures; Maintain Sell Rating and $18.00 Price Target
  • 04/18/12 Morning Note B. Riley & Co. Morning Notes: ACW, ARR, BPOP, CATY, CHRS, CREE, CSGP, CYN, GBCI, HAFC, IMAX, KTOS, LOOP, RKN, RLD, YHOO
  • 04/18/12 Update IMAX (Sell; $18.00 PT): Titanic 3D Outperforming Original Expectations… But Lowering Q2 Estimates due to Compressed Windows for Key Upcoming Titles
  • 04/16/12 Morning Note B. Riley & Co. Morning Notes: CALD, CVBF, Exhibitors and Related Technologies Industry Update, OFG, PACW, Q1 '12 Earnings Preview, UMPQ
  • 04/09/12 Morning Note B. Riley & Co. Morning Notes: ATNY, BEBE, Exhibitors and Related Technologies Industry Update, PCOM, WTSLA
  • 03/28/12 Morning Note B. Riley & Co. Morning Notes: BPOP, CHRS, CKEC, CNK, IMAX, RGC, RLD, SABA, VRML
  • 03/27/12 Update Industry Update: Exhibitors - Increasing Estimates for Tinseltown Group After Strong Q1 Box Office Finish; Underlying Drivers Remain Impressive……
  • 03/21/12 Morning Note B. Riley & Co. Morning Notes: DSW, HAFC, IMAX, KKD, MYGN
  • 03/12/12 Morning Note B. Riley & Co. Morning Notes: CKEC, CNK, EGHT, FCTY, IMAX, PII, Q4 '11 Earnings Preview, RGC, RLD
  • 03/12/12 Update Strong Q1 Box Office Trends Demonstrate the Power of the Movie Slate; Increasing Exhibitor Q1 Estimates and Overall Optimism on CY12 Outlook
  • 03/08/12 Morning Note B. Riley & Co. Morning Notes: AEO, BANC, FCAL, HOTT, IMAX, JMBA, KTOS, MPAA, PCOM, PPC, RLD, SIMO, VRML
  • 02/24/12 Morning Note B. Riley & Co. Morning Notes: AXTI, CSGP, CSTR, DRCO, EXAS, IMAX, JACK, LOOP, PRGX, SIMO, UEIC, VRML
  • 02/24/12 Update IMAX (Sell; $18.00 PT): Concerned about the Narrowing Technology/Competitive Gap and Underlying Screen-Level Trends; Downgrading from Neutral to Sell
  • 02/21/12 Morning Note B. Riley & Co. Morning Notes: BC, CKEC, CNK, IMAX, KSWS, PPC, Q4 '11 Earnings Preview Update, RGC, RLD, UNTD
  • 02/01/12 Morning Note B. Riley & Co. Morning Notes: AFOP, AKAM, AOL, AXTI, BC, BEBE, CAMP, CSTR, DRL, EHTH, GSM, HOTT, IMAX, JDSU, JMBA, KEYN, KCP, KTOS, LIOX, MSPD, MYGN,…
  • 01/04/12 Morning Note B. Riley & Co. Morning Notes: ACCL, CALD, IMAX, PPC, SABA, SIX, Optical Components, Retail Holiday Comp Preview, Wireless Communicaitons
  • 01/04/12 Update IMAX (Neutral; $16.00): Lowering estimates on disappointing Q4 global box office results; rated Neutral w/ $16.00 target
  • 01/03/12 Update Industry Update: Exhibitors - Rationalizing Recent Box Office Doldrums – and Potential for a Reversal in 2012
  • 12/29/11 Morning Note B. Riley & Co. Morning Notes: DRL, EXAR, IMAX, MSPD, OPXT, PPC
  • 12/20/11 Update IMAX (Neutral; $16.00): On-Track to Meet/Exceed Box Office Projection After Solid Early Large-Format Release of M:I 4
  • 11/28/11 Morning Note B. Riley & Co. Morning Notes: AEO, BEBE, CKEC, CNK, HOTT, IMAX, MCHX, RGC, RLD
  • 11/22/11 Morning Note B. Riley & Co. Morning Notes: IMAX, JACK, NFLX, RLD, SYMM
  • 11/22/11 Initiation of Coverage IMAX (Neutral; $16.00): Disappointing Box Office Trends and Premium Valuation Keep Us on the Sidelines; Initiating Coverage with a Neutral