Cineplex Narrows 1Q Loss as International Films, Hit Titles Lift Box Office

Dow Jones

May 11

By Adriano Marchese

Cineplex narrowed its first-quarter loss as a stronger slate of international films, combined with robust turnout for Project Hail Mary and Hoppers, drove box-office revenue higher.

The Canadian movie-theater chain posted on Monday a narrowed net loss of 22.4 million Canadian dollars ($16.4 million), or C$0.36 a share, compared with a greater loss of C$36.6 million, or C$0.58 a share, in the comparable quarter a year earlier.

Adjusted earnings before interest, taxes, depreciation and amortization came to C$44.7 million, up from C$29.9 million last year.

Revenue rose 16% to C$291 million, but shy of analyst forecasts of a rise to C$294.2 million, according to FactSet.

Cineplex said it benefited from a 25% rise in box-office revenue in the quarter, boosted by the popularity of movies such as Project Hail Mary and Hoppers. International films were also a larger part of the overall showings on the big screens, and comprised 13% of total box-office revenue during the quarter.

So far in the new quarter, box-office revenue in April was 17% higher, Cineplex said.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 11, 2026 07:09 ET (11:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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International films were also a larger part of the overall showings on the big screens, and comprised 13% of total box-office revenue during the quarter. \n\n\n  So far in the new quarter, box-office revenue in April was 17% higher, Cineplex said. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 11, 2026 07:09 ET (11:09 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}