IMAX Corporation (IMAX) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Auxly Cannabis Group Inc. reports a record-breaking first quarter in 2024, with a 5% revenue increase to $25.2 million and a significant improvement in adjusted EBITDA, up 1523% to $2.2 million. The company also achieved a record 38% gross margin on finished cannabis inventory sold. These milestones reflect Auxly’s focus on product quality, innovation, and operational efficiency, driving profitable growth and maintaining a strong market position in the Canadian recreational cannabis sector.
For further insights into IMAX stock, check out TipRanks’ Stock Analysis page.