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AMC Entertainment Holdings, Inc. Class A Stock News
AMC's US market admissions revenues underperformed the domestic box office by 3% in Q3 2024. AMC also underperformed Cinemark (for US admissions revenue growth) by 10% in Q3 2024 after showing similar growth results in 1H 2024. AMC's food and beverage revenue per customer increased by 15% year-over-year.
AMC reported top and bottom-line beats for Q3, as it usually does. The company burned through more than $92 million in cash in Q3. Despite numerous debt deals, the balance sheet is still in terrible shape.
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced AMC's Go Plan, an ambitious investment in the future of moviegoing at AMC. Through AMC's Go Plan, AMC expects to invest between $1 billion and $1.5 billion over the next four to seven years, greatly enhancing its locations in the United States and Eur...
AMC Entertainment is planning to reinvest up to $1.5 billion in its theaters but faces a balancing act amid debt repayments, according to analyst firm Wedbush.
AMC and GameStop were once the go-to stocks for day traders looking to make a quick buck—but they've lost their crown to the likes of Trump Media this election cycle.
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced XL at AMC, a new “XLF” initiative that will make it easier than ever for guests to find the “extra-large” screen – with stunning 4K laser projection – at their AMC. Over the past year, AMC piloted and tested the XL concept at 68 of its ODEON Cinemas t...
Cinema chain AMC Entertainment Holdings (NYSE:AMC) continues to be plagued by a jumbo debt pile, although the meme stock favourite's third-quarter results show progress is being made. Total corporate borrowings currently stand at $4.14 billion, down from $4.58 billion at the start of the year.
AMC Entertainment Holdings, Inc. (AMC) Q3 2024 Earnings Call Transcript
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