11:41 AM EST - IMAX Corp. : reported a first-quarter net earnings of $26.58 million U.S. or $0.40 U.S. per share versus a loss of $2.64 million U.S. or $0.06 U.S. per share last year. Adjusted net earnings for the period were $35.33 million U.S. or $0.53 U.S. per share compared with a loss of $2.58 million U.S. or $0.06 U.S. per share a year earlier. Total revenue for the first quarter ended March 31, 2010 increased 120% to $72.78 million U.S. from $33.14 million U.S. in the same period last year. Eleven analysts estimated revenues of $67.16 million U.S. for the quarter. IMAX Corp.
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