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First positive adj EBITDA in 2Y: Is AMC a buy or a bail?
On Wednesday AMC Entertainment released the latest earnings with sales jumped and losses narrowed for the three months ended in December as もっと見る
On Wednesday AMC Entertainment released the latest earnings with sales jumped and losses narrowed for the three months ended in December as the pandemic receded and Spider-Man rocked the theater chain to its best quarter in two years. Revenue jumped to $1.17 billion compared to $162.5 million a year earlier. Net losses shrank to $134.4 million.
As the CEO said, the expected market share among that audience will grow when we can take cryptocurrencies. Expectations for Q1 are well above 2021 Q1 levels. Nevertheless, it will be a relatively weaker Q1, coupled with strong and reassuring full-year performance for all of 2022.
Is AMC a buy or a bail after the earnings?
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