pandemic reports 2020

AMC Theatres Cuts Q2 Losses to $344 Million

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thewrap.com

The company reported a loss of $344 million in the quarter, or 71 cents/share, beating projections of 91 cents/share. That’s well up from Q2 of 2020, when the pandemic shutdown led to a loss of $5.38/share.

Revenue increased to $444.7 million, above projections of $382 million. “The second quarter of 2021 was transformational for AMC.

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