"AMC achieved an all-time record in admissions revenue per patron at $12.25, and food and beverage revenue per patron hit $7.74, the second-highest on record. These metrics reflect strong pricing power and customer engagement at the box office. The company also completed a significant refinancing in July that reduced debt obligations, a critical step for a company that has struggled with leverage."
"Here's where the story darkens. Net loss expanded to $298.2 million from $20.7 million in the prior-year quarter. The jump stems largely from non-cash refinancing charges tied to the July debt restructuring, not operational deterioration. Adjusted EBITDA, which strips out those charges, fell 24% year over year to $122.2 million. That decline signals softer underlying cash generation, even as revenue climbed. Adjusted diluted loss per share came in at $0.21, missing the $0.20 estimate by a penny."
AMC reported $1.30 billion in revenue, above the $1.24 billion consensus and up 35.6% year over year. Admissions revenue per patron reached an all-time record of $12.25, and food and beverage revenue per patron was $7.74. A July refinancing reduced debt obligations. Net loss widened to $298.2 million from $20.7 million a year earlier, driven largely by non‑cash refinancing charges tied to the debt restructuring. Adjusted EBITDA fell 24% to $122.2 million, and adjusted diluted loss per share was $0.21, missing estimates by $0.01, signaling softer cash generation despite higher revenue.
Read at 24/7 Wall St.
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