Though there weren’t many major Hollywood blockbusters in the first quarter of 2022, Imax reported $60 million in revenue in its earnings report on Thursday as it prepares for a summer filled with blockbusters and the launch of its new events cinema venture.
Imax reported a global quarterly box office total of $173.2 million, up 57% over Q1 2021 thanks in large part to the March release of “The Batman” and post-holiday holdover screenings of “Spider-Man: No Way Home.” Imax also had screenings of seven local language films in countries like China, India and France. Adjusted EBITDA stood at $14.8
Imax Reports $60 Million in Q1 Revenue as Live Events Division Launches
Premium format company touted its new “Imax Live” venture at CinemaCon
