AMC Reports Record Quarterly Revenue and Strong Earnings
AMC Entertainment (ticker: AMC) reported record quarterly revenue of $1.6 billion with earnings per share of $0.14, far exceeding expectations for a loss. The cinema chain's stock surged on July 20 as it posted its most profitable quarter in over a century and achieved significant improvements in EBITDA.
Tickers: $AMC
Topics: AMC box office revival Q2 earnings beat stock price movement