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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.
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AMC Entertainment informó ingresos del cuarto trimestre de 1.100 millones de dólares, impulsados por películas de conciertos, con una pérdida neta de 182 millones de dólares.