AMC Reports Record Revenue, Narrower Loss
- Share via
AMC Entertainment Inc., the biggest U.S. movie theater chain by revenue, said its fiscal first-quarter loss narrowed to $11.9 million on record quarterly revenue. The loss for the period ended June 30 was 61 cents a share, compared with a year-earlier loss of $26.9 million, or $1.15.
Revenue at the Kansas City, Mo.-based company rose 6.3% to $309.5 million from $291.2 million. AMC shares rose 69 cents to $14.04. They’ve more than tripled this year.
The company announced its financial results after the close of trading.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
