Imax Earnings Surge—Toronto-Based Company Profitable Toronto — Imax is seeing a remarkable comeback, achieving profitability for the third consecutive quarter, as promising forecasts indicate a bright future ahead.
In the second quarter ending June 30, the company reported earnings of $3 million, a significant turnaround from a loss of $11.4 million from the previous year.
The company’s total revenue reached $38.9 million for the...