China’s blockbuster smash “Ne Zha 2” helped to boost profits and revenues at Imax during the first quarter of 2025.

The big screen company logged $86.7 million for the three-month period ending in March, up 10% from the $79.1 million reported in the same quarter a year ago. Those revenues were above Wall Street’s projection of $84.23 million. Imax’s net income was $8.2 million, an improvement of 52% from Q1 in 2024. Meanwhile, adjusted earnings-per-share came to 13 cents, down 13% from the per-share loss of 15 cents in the same year-ago period.

Imax’s box office tally stood at $298 million (an increase of 12% year-over-year) thanks in large part to “Ne Zha 2.” The animated sequel became a phenomenon over the Chinese New Year and ended its big screen run as the company’s highest grossing film in the country with $164 million to date. Imax has also continued to expand its footprint with signings for 95 new and upgraded...