AMC Shares Surge Following Q2 Earnings Report

Reported 2 months ago

AMC Entertainment saw a rise in after-hours trading, having reported second-quarter earnings that matched revenue estimates and showed a smaller-than-expected loss per share. CEO Adam Aaron noted that despite a slow start due to Hollywood strikes, the quarter ended strongly thanks to the success of Disney’s 'INSIDE OUT 2'. Key figures included revenue of $1.03 billion and an adjusted loss per share of $0.43, which was better than the projected loss of $0.50.

Source: YAHOO

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