earnings
confidence high
sentiment positive
materiality 0.85
AMC Q3 revenue up 45% to $1.41B; net income $12.3M vs loss; ATM raised $325.5M
AMC ENTERTAINMENT HOLDINGS, INC.
2023-Q3 EPS reported
-$1.43
revenue$3,708,200,000
- Total revenue $1,405.9M, +45.2% YoY; net earnings $12.3M vs $(226.9)M loss.
- Diluted EPS $0.08 vs $(2.20); Adjusted EBITDA $193.7M vs $(12.9)M.
- Sold 40M shares via ATM in Sep 2023, gross proceeds ~$325.5M.
- Cash $729.7M at Sept 30; repurchased $24.2M debt at 28% discount.
- CEO warns of short-term impact from Writer's and Actor's strikes on 2024.