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IMAX Aims to Brighten Its Future After Mixed Q2 Results

IMAX Corporation (IMAX) , which reported its second quarter earnings on Wednesday, has investors optimistic despite looking unfavorable compared to last year's second quarter. The company reported revenue of $91.7 million and earnings per share of 18 cents, down from Q2 2015, when the company reported earnings of $107.2 million and 40 cents a share.

However, investors saw positive signs in the company's strong number of new installations, which suggests long-term growth. "Q2/16 new signings came in at 94, the highest in...