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IMAX Corporation Reports First Quarter 2021 Results
HIGHLIGHTS
- IMAX continues to help lead the global film industry out of the pandemic as pent-up demand emerges in global markets driving year-over-year quarterly growth in revenue, box office, gross margins and EBITDA
- Company posts $110 million in global box office its first year-over-year quarterly box office growth of the pandemic period as strong rebound in Asia continues and begins to expand to other key markets
- IMAX expects further market openings and loosening of capacity restrictions to drive increased network capacity as summer tentpoles including A Quiet Place 2, Fast 9, and Black Widow arrive in theaters
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