Imax Hits All-Time High Market Share For Summer Slate As Q2 Earnings Jump, Will Rerelease ‘F1' In August

Imax saw profits surge and revenue rise last quarter as the company beat Wall Street forecasts with global box office up 19% year-on-year and its highest grossing domestic quarter ever at $143 million. On just over 400 screens, the large format exhibitor delivered at least 10% of the domestic opening on seven consecutive “filmed for Imax” releases this summer with a 20% shares for Sinners, Mission: Impossible – The Final Reckoning and F1: The Movie. A 10% share “used to be the high end of what we delivered ...