financetom
Business
financetom
/
Business
/
AMC tops revenue estimates as blockbuster titles boost theater attendance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AMC tops revenue estimates as blockbuster titles boost theater attendance
Aug 11, 2025 5:16 AM

(Reuters) -AMC Entertainment surpassed Wall Street estimates for second-quarter revenue on Monday, as top U.S. blockbusters such as "A Minecraft Movie" and "Lilo & Stitch" drove more people to its theater chains.

Shares of the company rose 7% in premarket trading, after it also reported a nearly 26% jump in attendance during the period.

"Clearly, moviegoing guests prefer to see their favorite films in the most immersive, most spectacular formats possible," CEO Adam Aron said.

"Our premium auditoriums are operating at close to three times the occupancy of a regular auditorium and command a healthy price premium to boot."

The film industry across the globe has benefited from a recovering box office and growing consumer demand for premium moviegoing experiences.

Warner Bros Discovery's video game-based film "A Minecraft Movie" grossed nearly $1 billion globally, helping the company report 55% growth in the studio unit and a surprise profit during the April to June period.

AMC's second-quarter revenue rose 35.6% to $1.40 billion. Analysts on average estimated $1.35 billion, according to data compiled by LSEG.

Aron said the company would continue to roll out more IMAX, Dolby Cinema, Prime, iSense, XL and Laser equipped screens.

Its net loss stood at $4.7 million, compared with the loss of $32.8 million a year earlier.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Quantum computing hardware firm IonQ's Q3 revenue smashes estimates, partly driven by acquisitions
Quantum computing hardware firm IonQ's Q3 revenue smashes estimates, partly driven by acquisitions
Nov 5, 2025
Overview * IonQ ( IONQ ) Q3 revenue grows 222% yr/yr, beating high end of guidance by 37% * Net loss for Q3 was $1.1 bln, missing analyst estimates * Company completed acquisitions of Oxford Ionics and Vector Atomic Outlook * IonQ ( IONQ ) raises full-year 2025 revenue guidance to $106 mln-$110 mln * IonQ ( IONQ ) reaffirms...
Array Technologies Q3 revenue beats estimates
Array Technologies Q3 revenue beats estimates
Nov 5, 2025
Overview * Array Technologies ( ARRY ) Q3 revenue of $393.5 mln beats analyst expectations * Adjusted EPS of $0.30 for Q3 exceeds analyst estimates * Company completed acquisition of APA Solar, contributing $16.9 mln to Q3 revenue Outlook * Company updates full-year 2025 revenue guidance to $1.25 bln-$1.28 bln * Array expects full-year 2025 adjusted EBITDA of $185 mln-$195...
Choice Properties swings to Q3 net income
Choice Properties swings to Q3 net income
Nov 5, 2025
Overview * Choice Properties Q3 net income CAD 242.6 mln, up from loss last year * FFO per unit diluted rises 7.8% yr/yr, reflecting strong tenant demand * Company completed seven retail intensifications, enhancing commercial development pipeline Outlook * Choice Properties targets annual FFO per unit diluted of C$1.06 to C$1.07 * Company expects 2%-3% growth in Same-Asset NOI, Cash...
In vitro diagnostics firm QuidelOrtho beats Q3 revenue expectations
In vitro diagnostics firm QuidelOrtho beats Q3 revenue expectations
Nov 5, 2025
Overview * QuidelOrtho ( QDEL ) reports Q3 revenue of $700 mln, beating analysts' expectations * Adjusted EPS beats consensus, reflecting effective cost-savings initiatives * Company reports goodwill impairment charge of $701 mln, impacting GAAP net loss Outlook * QuidelOrtho ( QDEL ) sees full-year 2025 revenue between $2.68 bln and $2.74 bln * Company expects full-year 2025 adjusted EBITDA...
Copyright 2023-2026 - www.financetom.com All Rights Reserved