AMC Q2 2024 revenue down 23.5% to $1.03B, net loss of $32.8M

AMC ENTERTAINMENT HOLDINGS, INC.

2024-Q2 EPS reported -$0.67 revenue$1,982,000,000

Total revenues $1,030.6M vs $1,347.9M in Q2 2023, down 23.5%.
Net loss $32.8M vs net earnings $8.6M; diluted EPS loss $0.10 vs EPS gain $0.06.
Adjusted EBITDA $29.4M vs $182.5M; attendance fell 24.6% to 50.0M patrons.
Completed refinancing extending up to $2.45B of debt due 2026 to 2029 and 2030.
Raised $250M gross equity proceeds and exchanged $173.9M debt for 25M shares.

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