BUZZ-AMC Entertainment rises as quarterly revenue beat estimates on 'Moana 2' and 'Wicked' success
ReutersFeb 25, 2025 10:25 PM
Shares of theater chain AMC Entertainment AMC.N rise 5.5% to $3.45 in extended trading
Company posts fourth-quarter revenue of $1.31 billion, compared with analysts' estimate of $1.30 — LSEG
AMC posts net loss of $135.6 million, compared to net loss of $182.0 million last year
The theater chain banked on wildly popular releases including "Moana 2" and "Wicked," which drew large crowds
AMC welcomed 62 milion moviegoers in the fourth quarter
In 2024, AMC's shares fell 35%
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