AMC beats quarterly estimates; here”s how the stock is doing

AMC Entertainment (AMC) shares are up in after-hours after the movie theater company beat on the top and bottom line for its second quarter. 

AMC reported a loss per share of 71 cents, compared to Wall Street estimates of a loss of 94 cents per share. 

Revenue climbed to $444 million for the quarter versus expectations of $382.25 million. The company’s second-quarter performance is a massive increase compared to the same period last year when it brought in revenues of $19 million. The top…


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