AMC Entertainment (AMC) Misses Q3 EPS by 13c, Slight Beat on Revenue
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AMC Entertainment Holdings, Inc. Announces Third Quarter 2019 Results
November 7, 2019 6:45 AM ESTQ3 Total Revenues of $1.317 billion, up 7.8% from last year (up 9.3% in constant currency) Q3 Net loss of $54.8 million, 45.4% improvement from last year (45.5% improvement in constant currency) Q3 Adjusted EBITDA of $156.5 million, up 9.9% from last year (up 11.4% in constant currency) Q3 Adjusted EBITDA, adjusting 2018 for ASC 842 impact, increased 31.3% (up 33.1% in constant currency) Q3 Total attendance of 87.1 million tickets sold set an all-time high quarterly record Q3 U.S. average ticket price grew 3.3% to $9.45, a 220 basis point industry outperformance (265 basis point industry outperformance, excluding AMC) Q3 U.S. food and beverage... More
