Imax Beats Wall Street Estimates Despite Revenue Dip

Q2 financial results show strong system sales and optimistic future outlook amid lower year-over-year earnings.

Imax reported Q2 earnings per share of $0.18, significantly surpassing the $0.07 consensus estimate.
Quarterly revenue fell 9% to $89 million, yet exceeded the $76.01 million expected by analysts.
Global box office surged in June, contributing to a Q2 total of $196.4 million.
The company sold its original documentary 'The Blue Angel' to Amazon, marking a high-grossing theatrical documentary opening.
Imax installed 24 new theater systems in Q2, a 20% increase from the previous year.