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Imax Second Quarter Earnings Rise as CEO Calls Christopher Nolan’s ‘The Odyssey’ a ‘Transformational Event’

Imax Second Quarter Earnings Rise as CEO Calls Christopher Nolan’s ‘The Odyssey’ a ‘Transformational Event’

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Hits like “The Super Mario Galaxy Movie” and “Michael” helped lift Imax’s second quarter earnings. During the three-month period ending in June, the big screen provider’s revenues increased 12% to $102.8 million, while net income improved 30% to $15.9 million. Imax recorded adjusted earnings per share of 43 cents, a 65

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Hits like “The Super Mario Galaxy Movie” and “Michael” helped lift Imax’s second quarter earnings. During the three-month period ending in June, the big screen provider’s revenues increased 12% to $102.8 million, while net income improved 30% to $15.9 million.

Imax recorded adjusted earnings per share of 43 cents, a 65% improvement over the prior-year […]

This summary comes from Variety. Read the full article at the original source.

References

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