Imax Corp. shares dropped in the extended session after the large-screen theater company fell short of Wall Street earnings estimates for the quarter. Imax shares fell 10% to $29.05 after hours. The company reported adjusted fourth-quarter earnings of 39 cents a share on revenue of $119.3 million. Analysts surveyed by FactSet had forecast earnings of 43 cents a share on revenue of $115.8 million.
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