AMC Q1 prelim revenue $951.4M, net loss $(163.5)M, Adj EBITDA $(31.6)M; ATM raised $41.8M

AMC ENTERTAINMENT HOLDINGS, INC.

2024-Q1 EPS reported -$0.62 revenue$951,400,000

Revenue $951.4M vs $954.4M YoY; net loss improved to $(163.5)M from $(235.5)M.
Diluted EPS $(0.62) vs $(1.71) YoY on weighted avg shares of 263.4M vs 137.4M.
Adjusted EBITDA $(31.6)M vs $7.1M; prior year included $16.7M lease termination benefit.
Cash $624.2M at Mar 31; ATM program raised $41.8M on 12.8M shares after quarter end.
CEO says outperformed consensus; expects stronger box office later in 2024.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

AMC ENTERTAINMENT HOLDINGS, INC. reported the first quarter ended March 31, 2024 results: revenue approximately $951.4 million, net income $(163.5) million, EPS $(0.62).

Period: the first quarter ended March 31, 2024
Revenue: approximately $951.4 million
Net income: $(163.5) million
EPS: $(0.62)
Result: preliminary results

Exact text from the filing

a comprehensive statement of our financial results for the quarter ended March 31, 2024. AMC expects: · Total revenues for the quarter ended March 31, 2024, to be approximately $951.4 million compared to $954.4 million for the quarter ended March 31, 2023. · Net loss for the quarter ended March 31, 2024, to be $(163.5) million, compared to a net loss of $(235.5)

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AMC ENTERTAINMENT HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-24-053112

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