Brent Lang Executive Editor of Film and MediaImax may not have returned to pre-pandemic levels, but the cinema company got a lift during its most recent quarterly earnings from the renewed interest in moviegoing, as well as the arrival of a few well-timed blockbusters.For the three-month period ending in June, revenues at the company climbed to $51 million, a 475.4 percent jump from the $8.9 million that Imax reported in the year-ago quarter.
Of course, there’s a good reason those comparisons are so dramatic. Last summer was a period when much of Imax’s network of theaters were shuttered due to the spread of COVID-19 or only operating at limited capacity.
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