(RTTNews) - Imax Corp. (IMAX) reported earnings for its third quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $20.7 million, or $0.37 per share. This compares with $13.9 million, or $0.26 per share, last year.
Excluding items, Imax Corp. reported adjusted earnings of $26.2 million or $0.47 per share for the period.
Analysts on average had expected the company to earn $0.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 16.6% to $106.7 million from $91.5 million last year.
Imax Corp. earnings at a glance (GAAP) :
-Earnings: $20.7 Mln. vs. $13.9 Mln. last year. -EPS: $0.37 vs. $0.26 last year. -Revenue: $106.7 Mln vs. $91.5 Mln last year.
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