Imax Revenue Down 12% From ‘Oppenheimer’ Boom, But Improves From Q2 to $91.5 Million

Imax saw a 12% drop in revenue from last year’s record-setting success of “Oppenheimer.” But films like “Deadpool & Wolverine” and “Alien: Romulus” helped the premium format boost its net income by 16% to $13.9 million in the third quarter, off of $91.5 million in total revenue.

That’s an improvement from the $89 million in revenue and just $3.6 million in net income that Imax reported in Q2 of this year amid strike-induced production delays in Hollywood and the poor performance of May tentpole films like Universal’s “The Fall Guy” and Warner Bros.’ “Furiosa: A Mad Max Saga.”

Here are the key takeaways:

Revenue: $91.45