US EditionAMC 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.
9 Articles
9 Articles
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.
‘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.
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 […]
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