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AMC Entertainment: Q2 Earnings Snapshot
By AP News - Aug 02, 2024, 04:23 PM ET
Last Updated - Aug 02, 2024, 04:23 PM EDT
LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — AMC Entertainment Holdings Inc. (AMC) on Friday reported a second-quarter loss of $32.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Leawood, Kansas-based company said it had a loss of 10 cents. Losses, adjusted to extinguish debt and for non-recurring gains, came to 43 cents per share.
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The movie theater operator posted revenue of $1.03 billion in the period.
In the final minutes of trading on Friday, the company's shares hit $4.94. A year ago, they were trading at $48.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMC at https://www.zacks.com/ap/AMC
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