AMC Entertainment Q1 Revenue Jumps 20% Amid Box Office Recovery
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- AMC Entertainment reported Q1 revenue of $1.0 billion, up 20% from $862.5 million a year earlier.
- AMC Entertainment posted adjusted EBITDA of $38.3 million, a swing from a $57.7 million loss in Q1 2024.
- AMC Entertainment narrowed its net loss to $117 million from $202 million, while free cash flow improved to a negative $175 million from negative $417 million.
- Adam Aron said revenue will continue rising “significantly” this year, citing upcoming releases like Project Hail Mary, Super Mario Galaxy Movie, and Devil Wears Prada 2.
- Maya Rudolph helped push the Broadway show 'Oh, Mary!' to a record $1.5 million weekend, while 'Chicago' earned $1.7 million, underscoring a parallel surge in live‑entertainment ticket sales.
Why it matters: AMC shareholders gain as Q1 revenue jumps 20% to $1 billion and net loss shrinks to $117 million, bolstering cash flow and enabling further theater upgrades, while creditors still face a $339 million cash cushion that limits immediate risk.
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