IMAX Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 23.01 million compared to USD 12.54 million a year ago. Revenue was USD 103.9 million compared to USD 68.76 million a year ago. Net income was USD 11.99 million compared to net loss of USD 8.95 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to basic loss per share from continuing operations of USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to diluted loss per share from continuing operations of USD 0.16 a year ago.
For the nine months, sales was USD 62.61 million compared to USD 43.73 million a year ago. Revenue was USD 288.82 million compared to USD 202.76 million a year ago. Net income was USD 22.8 million compared to net loss of USD 25.41 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to basic loss per share from continuing operations of USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to diluted loss per share from continuing operations of USD 0.44 a year ago.