hollywoodreporter.com
05.03.2021 / 07:05
Imax Swings to Loss, But Points to Box Office Recovery in China and Japan
Imax posted lower revenues during its fourth quarter, compared to pre-pandemic 2019, but an Asian box office resurgence helped the giant screen exhibitor offset a continuing hit to its North American theaters from the COVID-19 crisis. On Thursday, Imax reported a loss attributable to shareholders at $21.2 million, compared to a year-earlier profit of $18.2 million, and the adjusted loss per share was 21 cents, compared with a 35 cents-per-share profit in 2019.