Get the latest gossip
AMC Entertainment Preview Of Q1 Results Shows Top Movie Theater Circuit Beating Wall Street Estimates
Top movie theater circuit AMC Entertainment offered investors a preview of its first-quarter financial results late Friday, with key metrics coming in ahead of Wall Street expectations.
Top movie theater circuit AMC Entertainment offered investors a preview of its first-quarter financial results late Friday, with key metrics coming in ahead of Wall Street expectations. Like its peers in exhibition, the company has been hurt by a slowdown in the overall production pipeline, with total box office slumping this year on top of the painful crawl out of the long shutdowns of the pandemic. In a separate development, Bloomberg reported Thursday that a group of lenders to AMC pitched a proposal to push back its near-term debt maturities, a stated goal for company management.
Or read this on Deadline