AMC warns of decline in key metrics for Q2 2024 earnings

From CNBC: 2024-07-24 16:02:38

AMC Entertainment warned investors of declines in key metrics during the second quarter, citing a slowdown in theatrical releases due to last year’s actors and writers strike. Revenue fell over 23% to $1.03 billion, with a net loss of $32.8 million. Full results will be posted on August 2. Despite the challenges, AMC remains confident in the industry’s future.



Read more at CNBC: AMC warns of Q2 2024 earnings ‘weakness’