Imax Q1 Beats Street With Highest Ever North American Market Share Thanks To ‘Dune: Part 2' In Period With Few Big Releases
IMAXIMAX(IMAX) Deadline·2024-04-25 20:32

Imax more than hit its Q1 numbers with 79millioninrevenuelastquarter(down979 million in revenue last quarter (down 9%) and a solid earnings bump thanks in large part to its run with Dune: Part 2, a blockbuster amid a slow quarter for big releases. The box office was offset in part by a dip in new Imax systems sales. The large format exhibitor’s global box office of 261 million marked its third highest grossing Q1 ever, driven by Dune, Godzilla x Kong: New Empire, Imax-exclusive Queen Rock Montreal and local language releases (21% of the to ...