THE ODYSSEY's $640M Global Haul Drives Record IMAX Revenue for AMC
AMC has more than doubled off its 52-week low of $0.93.
Summary
THE ODYSSEY generated $87M domestically in its second weekend, pushing North American totals to $286M and worldwide to $640M. For AMC, which operates roughly half of U.S. IMAX screens, this drove the highest IMAX revenue in its history through the first two weekends of a single title. The film's unprecedented demand for IMAX 70mm showtimes—sold out through mid-August at key locations—directly benefits AMC's premium large format strategy. This follows record Q2 results reported last week, reinforcing the box office recovery narrative. The sustained momentum suggests a strong Q3 start, though the company's recent 10-Q warned that cost structure remains unsustainable without pre-COVID attendance levels.
At the time of this announcement, AMC was trading at $2.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $0.93 to $3.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.