Imax loss widens on digital switch
From Times Staff and Wires
Imax Corp. reported a wider fourth-quarter loss as it makes the transition to digital-projection systems.
The Canadian company’s net loss expanded to $10.1 million, or 25 cents a share, from $9.21 million, or 23 cents, a year earlier. Sales declined 11% to $32.3 million.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
