UPDATED with CEO comments : “ Imax is, quite simply, a different company than it was just a few years ago. This quarter is the latest — and maybe the clearest — example yet of how far we’ve come,” said CEO Rich Geldfond as Imax posted a massive jump in global box office that drove strong third quarter earnings .
He cited a diversified portfolio of films and the strong and growing expansion of Imax screens that follows box office success.
“In prior years, when Imax posted big results, you could usually point to a single defining title — Avatar , Top Gun , Oppenheimer. But now, our performance is increasingly driven by the full breadth of our content strategy,” he said on a call with analysts after the latest numbers.
To drive the point home, it’s hosting its first in-person In