Liftingmylifeup
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$AMC Entertainment(AMC.US$ Raid Citadel!
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[Rewards] AMC Q2 earnings confirm summer blockbuster is back, get highest quarterly attendance since 2019
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KEY Figures
● Total revenue grew by 15.6% year-on-year (YoY) to $1.35 billion, above the FactSet consensus of $1.29 billion.
● The company's theaters welcomed more than 66 million guests in Q2 2023, up 12.2% YoY.
● The company's average ticket increased by 1.8% to $1...
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KEY Figures
● Total revenue grew by 15.6% year-on-year (YoY) to $1.35 billion, above the FactSet consensus of $1.29 billion.
● The company's theaters welcomed more than 66 million guests in Q2 2023, up 12.2% YoY.
● The company's average ticket increased by 1.8% to $1...
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Liftingmylifeup
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$AMC Entertainment(AMC.US$ I understand why there are people who tell us or believe that the price is going to go up. They have invested some money in the stock and it helps them to think that stock is going to go up. What I don’t understand is that why there are people who comment that it’s going to go down. Even if 5% retail shorts the stock, there can’t be 50% comments saying that it’s going down. Either buyers are too quite or shorters are too loud.
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AMC narrowed Q1 losses and expected a Hollywood box-office boost this year
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Key Takeaways:
Attitude: AMC theatres across the globe welcomed nearly 48 million guests in the first quarter. The first quarter of 2023 and fourth quarter of 2022 mark the first two consecutive quarters of positive Adjusted EBITDA since March 2020. According to Adam Aron, the CEO of AMC, "We ki...
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
Key Takeaways:
Attitude: AMC theatres across the globe welcomed nearly 48 million guests in the first quarter. The first quarter of 2023 and fourth quarter of 2022 mark the first two consecutive quarters of positive Adjusted EBITDA since March 2020. According to Adam Aron, the CEO of AMC, "We ki...
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