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$AMC | AMC Expects Q1 Results To Top Estimates Despite Fewer Box Office Releases Due To Hollywood Strikes, Sees Impact Extending To Q2 The box office in the first quarter was adversely impacted by the 2023 Hollywood writers and actors strikes, AMC says. Among the looming risks… https://t.co/3vu3sfW3WD
🇺🇸 AMC Entertainment sees flat revenue despite fewer film releases https://t.co/1ULm5V1Lw7
AMC takes a hit from Hollywood strikes, but narrows quarterly loss https://t.co/wGrBuKnqpi
AMC Entertainment Holdings, Inc. provided a preview of its Q1 2024 financial results, reporting a Q1 EPS/Loss of $0.62 compared to an estimated loss of $0.79. The company also revealed Q1 revenue of $951.4 million, surpassing the estimated $861.06 million. Despite facing challenges such as fewer film releases and Hollywood strikes, AMC expects its Q1 results to exceed expectations and anticipates the impact to extend into Q2.
