AMC FY2023 revenue up 23% to $4.81B; net loss narrows 59% to $396.6M

AMC ENTERTAINMENT HOLDINGS, INC.

2023-FY EPS reported -$2.37 revenue$4,812,600,000

Full-year revenue $4,812.6M vs $3,911.4M in 2022; Q4 revenue $1,104.4M (+11.5% YoY).
Adjusted EBITDA $425.8M, up from $46.6M; Q4 adjusted EBITDA $42.5M vs $14.5M (+193%).
Net loss improved $577M to $396.6M ($2.37 diluted EPS) from $973.6M ($9.29) in 2022.
Cash $884.3M; reduced debt principal $448.1M to $4.56B; raised $865M in equity in 2023.
Management expects industry box office to grow $1-2B in 2025 vs 2024, citing strike-caused early 2024 headwinds.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMC ENTERTAINMENT HOLDINGS, INC. reported financial results for the fourth quarter and year ended December 31, 2023.

Period: the fourth quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 28, 2024, we reported our financial results for the fourth quarter and year ended December 31, 2023.

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168 earnings releases filed in the last 30 days. Browse all earnings releases →

AMC ENTERTAINMENT HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001411579-24-000019

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