Cost ManagementFilm costs rose significantly to 57.3% of box office revenue compared to 53.9% last year, affecting overall profitability.
EarningsAdjusted EBITDA fell short of expectations, coming in at $47.5 million compared to the projected $54.5 million, impacted by elevated film costs and lower Rec Room returns.
Financial PerformanceAdjusted EBITDA was lower than anticipated due to increased film costs and reduced returns at the Rec Room.