This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Imax earns $1.06-million (U.S.) in Q3 2009-11-05 15:30 ET - News Release Mr. Richard Gelfond reports IMAX CORPORATION REPORTS THIRD QUARTER 2009 FINANCIAL RESULTS; RECEIVES COMMITMENT LETTER FOR $75 MILLION CREDIT FACILITY
Imax Corp. had a net income of $1.1-million or
two cents per diluted share for the third quarter ended Sept. 30, 2009.
The company's third quarter net income results included a
year-over-year increase of $3.4-million or six cents per diluted share in
share-based compensation expense primarily due to the company's
increased stock price over the course of the quarter. For the third
quarter of 2008, the company reported a net loss of $2.1-million or
five cents per diluted share. Total revenues for the third quarter ended
Sept. 30, 2009, increased 33 per cent to $43.6-million, compared with total
revenues of $32.9-million in the same period last year. The company
generated operating income of $4.7-million during the third quarter, a
93-per-cent increase compared with operating income of $2.4-million in the
year-ago period. The remainder is available to Stockwatch subscribers.
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