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IMAX China releases half-year financial results

IMAX China releases half-year financial results
By He Qi |
chinadaily.com.cn |
Updated: 2021-07-30 14:13
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Consumers walk past a ticket counter at an IMAX theater in Changzhou, Jiangsu province. [Photo provided to China Daily]
IMAX China Holding, Inc on Wednesday announced that it generated a revenue of $53.4 million in Greater China in the first half of 2021, up from $6.7 million a year ago.
The company stated that the growth was driven by the strong box office recovery and increased installation activities.
The company s adjusted net profit reached $21.3 million, a stark contrast to the $15.5 million net loss in the first half of 2020. ....

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IMAX Corporation Reports Second Quarter 2021 Results

IMAX Corporation Reports Second Quarter 2021 Results
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IMAX Announces Extension of Current Share-Repurchase Program

IMAX Announces Extension of Current Share-Repurchase Program
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IMAX Scares Up Biggest Domestic Opening Weekend Since 2019 With Monster $5.3 Million Haul For "A Quiet Place Part II"

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NEW YORK, May 31, 2021 /PRNewswire/
The summer blockbuster season roared to life in the U.S., as IMAX (NYSE: IMAX) delivered a monster $5.3 domestic opening weekend for A Quiet Place Part II on 361 screens. Despite accounting for less than 3% of total screens, IMAX captured 9% of the film s domestic box office as the Company delivered its biggest opening weekend of the pandemic era.
An IMAX poster from ‘A Quiet Place Part II’
Reported overall box office for A Quiet Place Part II exceeded the opening weekend for the original film a remarkable result made even more impressive given that social distancing measures remain in place across key markets. For instance, even though New York and California have eased capacity limitations in theaters, social distancing guidelines currently limit capacity to a maximum of 40% in IMAX theaters in New York City and Los Angeles. ....

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IMAX Corporation Reports First Quarter 2021 Results

IMAX Corporation Reports First Quarter 2021 Results
HIGHLIGHTS
- IMAX continues to help lead the global film industry out of the pandemic as pent-up demand emerges in global markets driving year-over-year quarterly growth in revenue, box office, gross margins and EBITDA
- Company posts $110 million in global box office its first year-over-year quarterly box office growth of the pandemic period as strong rebound in Asia continues and begins to expand to other key markets
- IMAX expects further market openings and loosening of capacity restrictions to drive increased network capacity as summer tentpoles including A Quiet Place 2, Fast 9, and Black Widow arrive in theaters ....

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