AMC reports record Q2 revenue of $1.60B and record Adjusted EBITDA of $321.4M

AMC ENTERTAINMENT HOLDINGS, INC.

Total revenue $1,596.7M, up 14.2% YoY; net loss $(11.4)M vs $(4.7)M.
Adjusted EBITDA $321.4M, up 69.6% YoY; adjusted net earnings $104.3M vs $(0.5)M.
Attendance 71.3M, up 13.5%; U.S. revenue grew 13.0% vs industry box office up 10.7%.
Refinanced $400M of 12.75% notes due 2027, extending maturities by 4 years; no maturities until 2029.
Reduced annual cash interest by $16M; leverage improvement expected to lower interest on ~75% of debt by ~$51M.

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