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IMAX backed by Wedbush ahead of earnings

Apr. 18, 2016 10:03 AM ETIMAX Corporation (IMAX) StockIMAXBy: Clark Schultz, SA News Editor2 Comments
  • Wedbush backs its bullish view on IMAX (IMAX +3.4%) ahead of the company's Q1 earnings report due out on Thursday.
  • Key drivers for future earnings growth include the expanding IMAX footprint in Europe and the Middle East,  as well as intriguing developments on the content side.
  • An improved slate of premium films and some leveraging of costs on higher sales volume could also help to lift the bottom line
  • Lead analyst Michael Pachter ranks #8379 out of 8,889 analysts on TipRanks.
  • Previously: IMAX to test indoor cycling concept (April 18)

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