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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Total News Sources9
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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