AMC Entertainment reported Q4 revenue of $1.1bn, driven by concert films, with a net loss of $182m.

AMC Entertainment Holdings Inc. reported better-than-expected Q4 revenue of $1.1bn, driven by the success of Taylor Swift and Beyoncé concert films. The company posted a net loss of $182m, compared to $287.7m in the previous year. Excluding non-recurring items, AMC reported a loss of 54 cents per share, improving from the prior year. Despite the positive results, AMC's stock dropped after the announcement.

February 28, 2024
23 Articles