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AMC tops revenue target as box office hits drive strong demand

AMC Entertainment's revenue increased by over 18% to $1.3 billion in the fourth quarter of 2024, surpassing estimates.
Net losses for AMC narrowed to $136 million, improving from $182 million the previous year.
More than 62 million guests attended AMC theatres worldwide in the fourth quarter, marking a record post-pandemic attendance.
AMC reduced its debt obligations by over $375 million in 2024 and ended the year with more than $630 million in available cash.

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CNBC

AMC tops revenue target as box office hits drive strong demand

AMC Entertainment topped Wall Street estimates for quarterly revenue on Tuesday, boosted by wildly popular releases including "Moana 2" and "Wicked" that helped draw a strong crowd of moviegoers.

22 days ago·United States

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MarketWatch

AMC stock climbs as improving box office brings better-than-expected Q4 revenue

AMC Entertainment Holdings shares rose in extended trading Tuesday after the movie-theater chain and original meme stock reported better-than-expected fourth-quarter revenue, lifted by an improving box office.

22 days ago·United States

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Variety

‘Wicked,’ ‘Moana 2’ and Other Holiday Hits Lift AMC Theatres Quarterly Earnings, Losses Shrink to $135.6 Million

AMC Theatres quarterly revenues jumped thanks to holiday hits like 'Wicked' and 'Moana 2,' while losses shrank to $135.6 million for the period.

22 days ago·Los Angeles, United States

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Deadline

AMC Entertainment Beats Street On Strong 4Q Movie Slate, Stock Pops, CEO Sees “Material Growth” In 2025 And Beyond

The largest theater chain in the U.S. and the world, AMC Entertainment, saw revenue for the last three months of 2024 blow past estimates with revenue up 18+% to $1.3 billion. Highlights included Gladiator II, Wicked, Moana 2, Mufasa: The Lion King and more. Adjusted earnings before interest, taxes, depreciation and amortization (ebitda), a key […]

22 days ago·Los Angeles, United States

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Bloomberg

AMC Entertainment Shares Rise After Profit Exceeds Estimates

AMC Entertainment Holdings Inc. shares rose as much as 8.9% in extended trading after the company, the world’s largest cinema chain, reported better-than-expected fourth-quarter profit.

22 days ago·United States

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