IMAX has today stated (via The Hollywood Reporter) that the company has posted record numbers of their second-quarter revenue, thanks to a massive year at the global box-office with four films helping them reach their record totals.
For the second quarter, IMAX Corp have reported net income attributable to shareholders of $24.3 million, $10 million more than last year’s profits of $13.3 million. Second-quarter revenues jumped to a massive $107.1 million, the exhibitor’s biggest revenue generating quarter ever, beating last year’s total of $79 million.
“The second quarter of 2015 was one of the strongest in Imax’s history, delivering our highest revenue ever, growing adjusted EPS by 60 percent compared to the same period last year, record box office and a quarterly per screen average that we have not seen since Avatar in 2010,” CEO Richard Gelfond said in a statement. “During the latest quarter, Imax generated $18.7 million in revenue from sales and sales-type leases, against a year-earlier $14.5 million, while revenue from joint venture-sharing deals came in at $31.6 million, compared to $19.4 million in 2014.”
This year has been a bumper year at the box office, and the amount of films utilising the IMAX technologies have helped post such record numbers. Jurassic World, Mad Max: Fury Road, Avengers: Age of Ultron, Fast & Furious 7 and Terminator Genisys were among those films release in IMAX this summer, which has now led to 30 new cinemas in the US signing up for IMAX deals.
https://youtu.be/IWWtOQOZSTI?list=PL18yMRIfoszEaHYNDTy5C-cH9Oa2gN5ng
Originally published July 23, 2015. Updated April 13, 2018.
