AMC Stock Pops as Q1 Revenue Tops $1 Billion — But the Debt Story Isn’t Over
AMC Entertainment’s first-quarter revenue jumped 21.2% to $1.05 billion, beating analyst estimates as attendance climbed 13.6% to 47.6 million. Adjusted EBITDA turned positive at $38.3 million, its best first-quarter result since 2019. Net loss narrowed to $117.1 million from $202.1 million a year ago. Shares rose more than 2% in after-hours trading.