Imax Posts Quarterly Profit Amid ‘Avatar’ Sequel’s Blockbuster Run

Imax Posts Quarterly Profit Amid ‘Avatar’ Sequel’s Blockbuster Run

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The box office recovery at Imax, which is led by CEO Richard Gelfond, continues as James Cameron’s Avatar: The Way of Water played on its screens worldwide during the first quarter of the year. Overall revenue at the giant screen technologies company came to $86.9 million, up 45 percent from a…

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