Imax Revenue Jumps 10% to $87 Million in First Quarter on Record Success of 'Ne Zha 2'

The first quarter of the 2025 box office was a poor one for American theaters, but Imax was able to avoid taking a hit in their Q1 earnings thanks in good part to the record-smashing success of the animated sequel "Ne Zha 2" in China. In the company's earnings report released Wednesday, Imax reported a 10% year-over-year increase in revenue to $87 million, beating consensus Wall Street projections of $84 million. Imax also reported net income of $8 million with an adjusted EBITDA of $37 million, up 15% from Q1 2024.More topline results below: EPS: Net income attributed to shareholders . . .