AMC 🔴 LIVE After Market Close
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AMC 🔴 LIVE - After Market Close. AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), the largest theatrical exhibition company in the world, announced today preliminary results for the first quarter ended March 31, 2024. The preliminary results are unaudited, subject to completion of the Company’s financial reporting processes, based on information known by management as of the date of this press release and do not represent a comprehensive statement of our financial results for the quarter ended March 31, 2024. AMC expects: • 1) Total revenues for the quarter ended March 31, 2024, to be approximately $951.4 million compared to $954.4 million for the quarter ended March 31, 2023. • 2) Net loss for the quarter ended March 31, 2024, to be $(163.5) million compared to a net loss of $(235.5) million for the quarter ended March 31, 2023. • 3) Diluted loss per share for the quarter ended March 31, 2024, to be $(0.62) compared to diluted loss per share of $(1.71) for the quarter ended March 31, 20231. • 4) Adjusted EBITDA to be $(31.6) million for the quarter ended March 31, 2024, compared to Adjusted EBITDA of $7.1 million for the quarter ended March 31, 2023. Included in the prior year’s quarterly results ended March 31, 2023 was a previously disclosed $16.7 million benefit to Adjusted EBITDA related to an early termination of a theatre lease. • 5) Cash and cash equivalents at March 31, 2024 to be $624.2 million. • Join us Live here on the channel to listen in on the earnings webcast accessible through the Investor Relations section of AMC’s website at investor.amctheatres.com/. During the webcast the company will take questions from both AMC Investor Connect members and equity research analysts. • Date: Wednesday, May 8, 2024 • Time: 4:00 PM CST / 5:00 PM EST • An archive of the webcast will be available on the Company’s website after the webcast for a limited time. • #TonyDenaro #AMC #AMCQ1Earnings • 🦍Join the Tony Denaro channel to get access to perks, basic Discord and a membership chat badge: / tonydenaro • 🏆 SUBSCRIBE! https://www.youtube.com/c/TonyDenaro?... • 🧡 DISCORD! Support the Channel get FULL access to the Tony Denaro Discord including Tony's trades with a VIP membership. • Be sure to link Patreon and Discord before signing up: / tonydenaro • 🐤TWITTER: / tony_denaro • 💹 STOCKTWITS: https://stocktwits.com/TonyDenaro • 📶 TWITCH backup livestream (add it now!): / tonydenaro • 📰 REDDIT: / tonydenaro • • 💥Links for Content Creators:💥 • 1) Best free software for Collab videos - Restream: https://restream.io/join/TonyDenaro • 2) Diversify where your content is published, sign up for Rumble: https://rumble.com/register/TonyDenaro/ • 💥Links for Content Creators💥 • Send Tony Denaro something: • Tony Denaro • 10900 Research Blvd • Suite 160-C #196 • Austin, TX 78759 • DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. Tony Denaro is not a financial advisor. Discussion in this video is Tony's opinion (or opinion of his guests), and not specific investment or legal advice for you.. Always do your own due diligence. Read company SEC filed 8-K, 10-Q, 10-K filings, Financial Statements and the Risk Factors contained therein BEFORE INVESTING. • Past performance is not indicative of future results. Content in this video is not personalized material for you, but rather general educational and informational material and opinion. • All investments have inherent risk. YOU MAY LOSE MONEY. Seek a duly licensed professional for investment, tax or legal advice.
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