Apr 25, 11:54 AM

Imax Beats Revenue Drop with 'Dune 2' Success; AMC Expects Q1 Loss of $0.62/share, Revenue $951.4M, Flat Revenue

Imax reported a 9% drop in Q1 revenue but beat Wall Street estimates in earnings due to the success of 'Dune 2'. The film contributed to Imax's highest ever North American market share. AMC Entertainment previewed Q1 results, expecting a loss of $0.62 per share and revenue of $951.4M, both surpassing estimates. Despite fewer film releases, AMC Entertainment anticipates flat revenue.

#Imax #Wall Street #North American #AMC Entertainment

Written with ChatGPT (GPT-3).