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AMC Q2 Earnings🔴 LIVE - AMC Q2 2024 Earnings Call Friday Aug 2nd 4:00PM CST/5:00PM EST

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Автор: Tony Denaro

Загружено: 2024-08-02

Просмотров: 5736

Описание: AMC Q2 Earnings🔴 LIVE - AMC Q2 2024 Earnings Call Friday Aug 2nd 4:00PM CST/5:00PM EST. AMC Entertainment Holdings, Inc. (NYSE: AMC) on July24th, 2024 released preliminary results for the second quarter ended June 30, 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 June 30, 2024. AMC expects:

Total revenues for the quarter ended June 30, 2024, to be approximately $1,030.6 million compared to $1,347.9 million for the quarter ended June 30, 2023.
Net loss for the quarter ended June 30, 2024, to be approximately $32.8 million, compared to net earnings of $8.6 million for the quarter ended June 30, 2023.
Diluted loss per share for the quarter ended June 30, 2024, to be approximately $(0.10) compared to diluted earnings per share of $0.06 for the quarter ended June 30, 20231.
Adjusted EBITDA to be approximately $29.4 million for the quarter ended June 30, 2024, compared to Adjusted EBITDA of $182.5 million for the quarter ended June 30, 2023.
Cash and cash equivalents at June 30, 2024 to be approximately $770.3 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: Friday, August 2, 2024
Time: 4:00 PM CDT / 5:00 PM EDT
An archive of the webcast will be available on the Company’s website after the webcast for a limited time.
#TonyDenaro #AMC #AMCQ2Earnings

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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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AMC Q2 Earnings🔴 LIVE - AMC Q2 2024 Earnings Call Friday Aug 2nd 4:00PM CST/5:00PM EST

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