James Cameron’s otherworldly blockbuster “Avatar: Fire and Ash” and the Ryan Gosling-led space epic “Project Hail Mary” resulted in big business for Imax . But those visually striking tentpoles weren’t enough to boost the company’s profits and revenues, both of which were down during the first quarter of 2026. Imax logged $81 million for the three-month period ending in March, down 6.5% from the $86.7 million reported in the same quarter a year ago. The big-screen company reported a net income of $6.2 million, down 26% from the $8.2 million delivered in Q1 in 2025. Meanwhile, adjusted earnings-per-share rose to 17 cents, up from the per-share loss of 13 cents in the same year-ago period. These earnings were enough to beat Wall Street expectations; analysts on average expected $79.9 million in Q1 revenue and adjusted earnings of 15 cents per share. Imax’s worldwide tally stood at $260 million, down 13% year-over-year.…