Entertainment audience pandemic

Imax Grew Revenue With ‘Godzilla v Kong’ – Just Not Enough for Wall Street

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less than forecasts foresaw, so there’s also that.Wall Street had forecast a loss of 26 cents per share on $39.05 million in revenue, according to a consensus of media analysts as compiled by Yahoo Finance.

Imax actually reported a loss of 25 cents per share (or -$14.8 million overall) on $38.8 million in revenue.Imax’s global box-office take for the quarter was $110 million, its first year-over-year quarterly box office growth of the pandemic period, thanks to rebounding business in Asia.

As one might imagine, “Godzilla v. Kong” performed quite well over there.Still, “A Quiet Place 2,” “Fast 9,” and “Black Widow” — and full-capacity theaters — cannot come fast enough.Imax CEO Richard L.

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