AMC Stock Climbs After Q2 Revenue, EPS Top Estimates

AMC Entertainment Holdings Inc (NYSE:AMC) shares are rising Monday after the company reported better-than-expected results for the second quarter.

What To Know: AMC reported second-quarter revenue of $1.4 billion, beating analyst estimates of $1.34 billion, according to Benzinga Pro. The company reported breakeven adjusted earnings per share versus estimates for a loss of 9 cents per share.

Total revenue was up more than 35% on a year-over-year basis as attendance totaled approximately 62.81 million in the quarter, up 25.6% year-over-year. U.S. attendance came in at 46.89 million, up 28.5% year-over-year.

Net cash provided by ...