AMC Theatres’ Shares Jump As Box Office Surges In Latest Quarter
UNITED STATES, AUG 11 – AMC Entertainment cut its Q2 net loss to $4.7 million with revenue rising 36% to $1.4 billion, driven by record attendance and strong per-patron spending, CEO said.
Summary by The Hollywood Reporter
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3 Articles
AMC Theatres Narrows 2nd Quarter Loss to $4.7 Million as Revenue Jumps 36% on 'Sinners,' 'F1' Success
AMC Entertainment significantly narrowed its quarterly loss and posted double-digit revenue growth in the second quarter, as moviegoers flocked to theaters to see films like “F1,” “Sinners” and “Mission: Impossible – The Final Reckoning.” The world’s largest cinema chain reported a net loss of $4.7 million for the three months ended June 30, compared to a $32.8 million loss a year ago. Revenue: Revenue surged 35.6% year over year to $1.4 billion…
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Total News Sources3
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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