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AMC Entertainment Q2 Earnings Highlights: EPS, Revenue Meet Expectations, Record EBITDA Achieved In June (CORRECTED)

Editor’s Note: This article has been corrected to clarify that the second quarter began slowly due to the impact of the 2023 Hollywood writers and actors strikes but ended strongly. Movie theater chain AMC Entertainment Holdings Inc (NYSE:AMC) reported its second-quarter financial results after the market closed on Friday. Here's what traders and investors need to know. What Happened: AMC Entertainment reported quarterly losses of 43 cents per share, which met the analyst consensus estimate. The company reported quarterly sales of $1.03 billion, which met the analyst consensus estimate. This sales figure represents a 23.5% decrease over sales of $1.35 billion in the same period last year, according to data from Benzinga Pro. Adam Aron, Chairman and CEO of AMC Entertainment, noted ...