AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) today reported results for the first quarter ended March 31, 2024, which have been posted to the Investor Relations section of AMC’s website at https://investor.amctheatres.com/ .
Key Points:
- AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) today reported results for the first quarter ended March 31, 2024, which have been posted to the Investor Relations section of AMC’s website at https://investor.amctheatres.com/ .
- View the full release here: https://www.businesswire.com/news/home/20240508949268/en/
The Company will host a live webcast for investors and other interested parties on May 8, 2024, at 4:00 PM CDT/5:00 PM EDT.
- The live webcast can be accessed through the Investor Relations section of AMC’s website at https://investor.amctheatres.com/ .
- An archive of the webcast will be available on the Company’s website after the webcast for a limited time.
AMC Entertainment Holdings, Inc. (NYSE: AMC) (the “Company,” or “AMC”), today released preliminary results for the first quarter ended March 31, 2024.
Key Points:
- AMC Entertainment Holdings, Inc. (NYSE: AMC) (the “Company,” or “AMC”), today released preliminary results for the first quarter ended March 31, 2024.
- AMC expects:
Total revenues for the quarter ended March 31, 2024, to be approximately $951.4 million compared to $954.4 million for the quarter ended March 31, 2023.
- Net loss for the quarter ended March 31, 2024, to be $(163.5) million compared to a net loss of $(235.5) million for the quarter ended March 31, 2023.
- Adjusted EBITDA to be $(31.6) million for the quarter ended March 31, 2024, compared to Adjusted EBITDA of $7.1 million for the quarter ended March 31, 2023.
Entertainment,
Apps,
Applications,
Technology,
Film & Motion Pictures,
General Entertainment,
Audio,
Video,
Software,
AMC Theatres,
Organization,
Sound,
Zoom,
AMC,
Tobacco Zoom Rooms at AMC enables companies with dispersed workforces and customer bases to bring people from different locations together at the same time for cohesive hybrid events and meeting experiences.
Key Points:
- Zoom Rooms at AMC enables companies with dispersed workforces and customer bases to bring people from different locations together at the same time for cohesive hybrid events and meeting experiences.
- The spaces combine Zoom’s collaboration platform with the comfort and state-of-the-art sight and sound technology of AMC’s modern theatres.
- Additionally, Zoom Rooms at AMC can be leveraged for announcing exciting company news, product releases to customers, and more.
- Through Zoom Rooms at AMC, businesses and organizations can make their meetings larger than life by leveraging the Zoom platform to host Zoom Meetings, Events, Webinars, and Sessions on the big screen to help elevate interactive, hybrid events for business meetings, organizations, and event planners.
AMC Entertainment Holdings, Inc. (NYSE: AMC), today announced that a federal court in New York has issued an order preliminarily approving a proposed settlement reached by all parties to a civil action brought by plaintiffs Dennis J. Donoghue and Mark Rubenstein, each of whom are AMC shareholders, for AMC to recover so-called “short-swing” profits under Section 16(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) alleged to have been realized by defendants Antara Capital Master Fund LP, Antara Capital Fund GP LLC, Antara Capital LP, Antara Capital GP LLC, and Himanshu Gulati (collectively, the “Antara Defendants”) in connection with their purchases and sales of AMC securities.
Key Points:
- AMC Entertainment Holdings, Inc. (NYSE: AMC), today announced that a federal court in New York has issued an order preliminarily approving a proposed settlement reached by all parties to a civil action brought by plaintiffs Dennis J. Donoghue and Mark Rubenstein, each of whom are AMC shareholders, for AMC to recover so-called “short-swing” profits under Section 16(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) alleged to have been realized by defendants Antara Capital Master Fund LP, Antara Capital Fund GP LLC, Antara Capital LP, Antara Capital GP LLC, and Himanshu Gulati (collectively, the “Antara Defendants”) in connection with their purchases and sales of AMC securities.
- AMC is party to the suit in name only, which was brought for the benefit of AMC.
- The court will hold a hearing on May 2, 2024 at 1:15 p.m. in Courtroom 12B at the Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, New York to, among other things, consider whether to finally approve the proposed settlement.
- If finally approved, AMC will receive $3,300,000 from the Antara Defendants and the Antara Defendants will be released from claims of violations of Section 16(b) of the Exchange Act.
Technology,
Entertainment,
Supermarket,
Other Entertainment,
General Entertainment,
Food,
Beverage,
Film & Motion Pictures,
Retail,
Online Retail,
Flavor,
Publix,
Kroger,
Marketing,
Multimedia,
AMC Theatres,
Walmart,
SVP,
Taste,
Amazon (company),
AMC,
Grocery store After close to a year of product availability exclusively at Walmart, AMC Theatres Grocery Popcorn is now available for purchase at several of the largest supermarket operators including Publix and Kroger — and is also readily available for purchase online at our Amazon store.
Key Points:
- After close to a year of product availability exclusively at Walmart, AMC Theatres Grocery Popcorn is now available for purchase at several of the largest supermarket operators including Publix and Kroger — and is also readily available for purchase online at our Amazon store.
- The Classic Butter, Extra Butter and Lightly Salted flavor lineup of AMC Theatres Grocery Popcorn can now be purchased as a variety pack or individual flavor cases of six boxes.
- “The overwhelming positive consumer response and demand for these products reinforces that ‘AMC Makes Movies Better’ in theatre, at home, online — anywhere you go.
- We’ll continue to work with amazing retailers like Walmart, Kroger, Publix and Amazon to make it convenient for consumers to enjoy our delicious popcorn throughout the year.”
General Entertainment,
Entertainment,
Film & Motion Pictures,
Sundance Institute,
AMC,
Science,
Commerce,
Warner Music Group,
Electrical engineering,
WPP,
Television,
MCI Systemhouse,
Cruise line,
Small business,
Assistant,
Management,
Jainism,
Miramax,
Starwood,
Apple Inc.,
MCI,
Vail Resorts,
Computer science,
Digital,
Cars.com,
Princeton University,
Convoy,
WPP plc,
LLP,
CFO,
Epic Games,
Nike (company),
Norwegian Cruise Line,
Computer science and engineering,
Senior advisor,
Audit committee,
Harvard Business School AMC Entertainment Holdings, Inc., (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced that the Company’s Board of Directors has elected Sonia Jain to the AMC Board of Directors, effective March 1, 2024.
Key Points:
- AMC Entertainment Holdings, Inc., (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced that the Company’s Board of Directors has elected Sonia Jain to the AMC Board of Directors, effective March 1, 2024.
- Jain brings to the Board extensive financial and accounting experience, including as a chief financial officer (CFO) of a publicly traded company.
- Prior to her initial tenure at Cars.com Inc., Jain served as CFO of Redbox Automated Retail LLC from September 2016 to June 2020.
- AMC Chairman of the Board and CEO Adam Aron commented:
“It’s a privilege to welcome Sonia Jain as a new Director on AMC’s Board.
Retrieved on:
Wednesday, February 28, 2024
AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) today reported results for the fourth quarter and full year ended December 31, 2023, which have been posted to the Investor Relations section of AMC’s website at https://investor.amctheatres.com/ .
Key Points:
- AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) today reported results for the fourth quarter and full year ended December 31, 2023, which have been posted to the Investor Relations section of AMC’s website at https://investor.amctheatres.com/ .
- View the full release here: https://www.businesswire.com/news/home/20240228634681/en/
The Company will host a live webcast for investors and other interested parties on February 28, 2024, at 4:00 PM CT/5:00 PM ET.
- The live webcast can be accessed through the Investor Relations section of AMC’s website at https://investor.amctheatres.com/ .
- An archive of the webcast will be available on the Company’s website after the webcast for a limited time.
AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), the largest theatrical exhibition company in the world, announced today that it will report its results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, February 28, 2024.
Key Points:
- AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), the largest theatrical exhibition company in the world, announced today that it will report its results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, February 28, 2024.
- The Company will host an earnings webcast accessible through the Investor Relations section of AMC’s website at investor.amctheatres.com/ .
- During the webcast the company will take questions from both AMC Investor Connect members and equity research analysts.
- AMC investors can visit www.amctheatres.com/stockholders to sign up for membership in AMC Investor Connect and submit their written questions.
Retrieved on:
Wednesday, January 31, 2024
Arts,
Museums,
Entertainment,
Other Entertainment,
Film & Motion Pictures,
Celebrity,
Music,
Events,
Concerts,
WME,
AMC,
Life,
City,
FUTURE,
Ben Affleck,
Tribeca Festival,
AMC Theatres,
Edge,
United,
Equity,
Sale,
U2,
KISS,
Film industry “Even in the darkest times, the people of Sarajevo were able to find purpose through playing music, making art and helping others.
Key Points:
- “Even in the darkest times, the people of Sarajevo were able to find purpose through playing music, making art and helping others.
- Tickets to this special event, presented in Dolby Cinema, are on sale now at amctheatres.com or on the AMC Theatres mobile app.
- KISS THE FUTURE was financed and produced by FIFTH SEASON and is a FIFTH SEASON, Artists Equity, and an In Cahoots Production.
- Guests can find showtimes and purchase tickets at amctheatres.com or on the AMC Theatres mobile app.
Retrieved on:
Wednesday, January 17, 2024
Entertainment,
Retail,
Film & Motion Pictures,
General Entertainment,
Events,
Concerts,
Specialty,
Licensing (Entertainment),
Candy,
Multimedia,
AMC,
Walmart,
Food,
AMC Theatres,
House painter and decorator Key Points:
- View the full release here: https://www.businesswire.com/news/home/20240117567346/en/
On National Popcorn Day - Friday, January 19 - AMC moviegoers can enjoy unlimited free refills on any size popcorn.
- Guests can also purchase an exclusive, limited edition AMC Loungefly popcorn crossbody bag, sold in theatres while supplies last.
- (Photo: Business Wire)
On Jan. 19, AMC ticket-buying guests can take advantage of the unlimited refills on any size popcorn all day long.
- Consumers craving AMC popcorn who aren’t able to visit a nearby theatre who still want to celebrate National Popcorn Day have lots of options as well.
