AMC Shares Rise 7% as Q2 Revenue Surges 36%, Attendance Jumps 26%

AMC Entertainment reported a strong recovery in its second-quarter performance, with revenue rising 35.6% to $1.39 billion and a significant reduction in net loss to $4.7 million from $32.8 million a year earlier. The surge was driven by increased attendance, up nearly 26%, fueled by popular blockbusters like "A Minecraft Movie" and "Lilo & Stitch," and the growing consumer demand for premium moviegoing experiences. CEO Adam Aron highlighted that premium auditoriums such as IMAX, Dolby Cinema, iSense, XL, and laser-equipped screens are operating at close to three times the occupancy of regular auditoriums and command higher price premiums. AMC’s adjusted EBITDA soared to $189.2 million, and the company's stock rose in premarket trading following the earnings release, reflecting investor confidence. Aron also noted the company’s plans to continue expanding premium screen offerings to sustain this momentum. The overall box office rebound and consumer preference for immersive formats appear to be key factors supporting AMC's financial turnaround and optimistic outlook.