Imax Blames “Temporary Slowdown In The Hollywood Pipeline” For Q3 Earnings Miss, But Revenue Climbs On Local-Language Hits And ‘Avatar’, ‘Black Panther’ Sequel Releases Approach
Imax missed Wall Street’s third-quarter earnings projections due to what it called “a temporary slowdown in the Hollywood pipeline,” but edged revenue estimates thanks to a string of local-language blockbusters. The company’s net loss of 5 cents a share, reported Monday, marked an improvement from 8 cents in the year-ago period, but was worse than […]