IMAX: Third Quarter Report
IMAX announced their third quarter earnings report and the numbers look good, for the most part. Total box office for the quarter was $132.5 million, which is down significantly from 2012's total of 173.2 million. However, year-to-date, 2013 has pulled in $482 million, which is still a 3% increase from this point last year. This mirrors the overall box office, with year-to-date numbers showing better growth than the overall market. IMAX continues to sign contracts expanding market penetration both domestically and worldwide with a total of 785 theaters. This includes 158 new theaters this year, which is already more than the 142 total signings for 2012.
Date posted: 2013-10-30