Imax Hails ‘Project Hail Mary’ For Q1 Boost Amid Tough Comparisons With Last Year’s ‘Ne Zha 2’ Bounty
Imax edged Wall Street analysts' estimates for the first quarter, with "Project Hail Mary" helping it contend with difficult year-to-year comparisons.
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Ryan Gosling in 'Project Hail Mary' Jonathan Olley / Amazon MGM Studios / Everett Collection Imax edged Wall Street analysts’ estimates for the first quarter, saying Project Hail Mary helped it contend with difficult comparisons with the Ne Zha 2 bonanza of last year’s period. Total revenue slipped 6% from the year-ago period, coming it at $81.4 million. Earnings per share climbed to 17 cents a share from 13 cents a year ago. Both top- and bottom-line metrics beat Wall Street analysts’ consensus expectation. The company reaffirmed guidance that it expects to deliver a record $1.4 billion in global box office revenue from its sites in 2026.
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