Adam Aron reports 2020 vaccine Adam Aron

AMC Theatres Lost $946 Million in Final Quarter of 2020

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thewrap.com

AMC Entertainment had a rough end to a rough year, reporting losses of $946.1 million for the final quarter of 2020.The theatre chain had about $20 million more in revenue than media analysts had forecast, however.Wall Street had forecast a loss of $3.15 per share on revenue of $142.35 million.

AMC reported a loss of exactly that, $3.15 per share, but on $162.50 in revenue.President and CEO Adam Aron had a lot to say in prepared remarks.“This past year has presented AMC with the most challenging market conditions in the 100-year history of the company,” he began.

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