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Theater chain AMC forecasts Q2 loss due to fewer big releases

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Theater chain AMC forecasts Q2 loss due to fewer big releases

Jul 24, 2024 6:57 AM

(Reuters) - AMC Entertainment ( AMC ) said on Wednesday it expects to report a loss of $32.8 million for the second quarter, compared to a profit of $8.6 million a year earlier, citing impact from last year's dual Hollywood strikes that delayed movie releases.

(Reporting by Deborah Sophia in Bengaluru; Editing by Shinjini Ganguli)

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