Benzinga | Jul 28, 2020 04:12PM EDT

Imax Q2 EPS $(0.44) Beats $(0.47) Estimate, Sales $8.90K Miss $11.85M Estimate

Imax (NYSE:IMAX) reported quarterly losses of $(0.44) per share which beat the analyst consensus estimate of $(0.47) by 6.38 percent. This is a 237.5 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $8.90 thousand which missed the analyst consensus estimate of $11.85 million by 99.92 percent. This is a 99.99 percent decrease over sales of $104.80 million the same period last year.