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IMAX Corporation Reports Fourth-Quarter and Full-Year 2016 Results
Author: Administrator Account/Friday, February 24, 2017/Categories: Latest Headlines
February 24, 2017—IMAX Corporation has reported fourth-quarter revenue of $106.9 million. The report also included that IMAX installed 166 new IMAX® theatres during 2016, up 22% vs. prior year, bringing the IMAX theatre network count to 1,215 screens across 75 countries; signed agreements for record 319 IMAX theatre systems during 2016, up from 138 signings in 2015; ended year with 498 theatres in backlog, up 34% vs. prior year; and opened flagship IMAX Virtual Reality Centre in
Los Angeles in January of 2017, with an additional five pilot centres signed and scheduled to be open in coming months. Read the full press release at IMAX.com.