IMAX mid-quarter box office collects $96.5M

DailyFinance writes:

IMAX (NYS: IMAX) is in a good place right now.

The company behind the supersized theatrical experiences issued its mid-quarter box office update yesterday.

The gross box office receipts collected during this quarter on IMAX screenings — through May 13 — was roughly $96.5 million, nearly triple the $32.6 million in sales during the same period last year.

Between the bar-raising success of Disney’s (NYS: DIS) The Avengers and Lions Gate’s (NYS: LGF) The Hunger Games — and their expanded engagements on IMAX after blowout opening weeks — it’s not a shock to see IMAX screenings doing so well.

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UPDATE: More on IMAX’s financial standing:

Film Journal International: IMAXimum impact: Studio movies go big with large-format leader

DailyFinance: 4-Star Stocks Poised to Pop: IMAX

Trade Flow Review: IMAX Corporation – Trade Flow Review

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