Saturday, December 3, 2022

AMC Entertainment Squeezed By Soft Q3 Slate But CEO Adam Aron Upbeat On New Crop Of Blockbusters, Stronger Financial Position  

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Giant theater chain AMC Entertainment saw revenue rise and losses widen slightly last quarter but CEO Adam Aron cited a stronger slate ahead and moves on debt reduction, capital raising and new projects.

Sales of $968 million for the quarter ended in September compared with $763 million for the 2021 period. Net losses were $226 million versus $224 million. EPS was flat at 22 cents a share.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: Deadline

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