AMC Entertainment Holdings reported fiscal second-quarter results that matched breakeven on a per-share basis, compared with a loss a year earlier and Wall Street expectations for a modest deficit. Revenue rose 35.6% to $1.40 billion, topping consensus estimates of roughly $1.32 billion, as strong box-office titles and higher food-and-beverage spending drew larger crowds to its theaters. Attendance reached 62.8 million, up 25.6% from the prior year, with 46.9 million patrons in the United States and 15.9 million overseas. Record admissions revenue of $12.14 per patron and robust concession sales helped lift adjusted EBITDA to $189.2 million from $38.5 million a year earlier. Management said it has refinanced or repurchased all debt that had been due in 2026, extending maturities to 2029, as the company continues to strengthen its balance sheet on the back of improved operating momentum.
$AMC | 𝐀𝐌𝐂 𝐐𝟐 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: Revenue: $1.40B (↑ 35.6% YoY) | Adjusted EPS: ($0.00) 👉 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: ➤ Achieved record consolidated admissions revenue per patron of $12.14. ➤ Set record consolidated food & beverage revenue per https://t.co/VW8I7XnZwC https://t.co/pVljzZA1UG
$AMC | AMC Entertainment, Earning Report https://t.co/BKPfhW25GL
$AMC 2.93 up .17 I thought it was supposed to be at $25 now according to the bags...Reports Q2 (Jun) net of breakeven, $0.07 better than the FactSet Consensus of ($0.07); revenues rose 35.6% year/year to $1.4 bln vs the $1.34 bln FactSet Consensus.