AMC beats expectations with strong second-quarter revenue and profit, stock rises 14% in premarket trading

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AMC beats expectations with strong second-quarter revenue and profit, stock rises 14% in premarket trading
Photo: Ted Shaffrey AP/TT

AMC's revenue in the second quarter rose 14 percent to $1.6 billion. This compares with an average forecast of $1.5 billion, according to Bloomberg.

Adjusted operating profit was $321.4 million, compared with $189.5 million a year earlier and an expected $202.6 million.

“These record quarterly revenues and adjusted EBITDA results are particularly pleasing,” says CEO Adam Aron in a comment in the report.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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