AMC Entertainment, the world's largest theatrical exhibition company, reported a decrease in total revenues by 10.2% for the nine months ending September 30, 2024, compared to the same period in 2023. Admissions revenues fell by 11.4%, primarily due to a 13.8% drop in attendance, partially offset by a 2.7% increase in average ticket price. Food and beverage revenues also saw a 9.3% decline. The company's operating costs and expenses decreased by 6.0%, with film exhibition costs down by 13.1%. AMC Entertainment underwent a series of refinancing transactions to extend the maturities of approximately $1.6 billion of debt previously maturing in 2026. The company's liquidity concerns persist as it seeks to achieve sustainable net positive cash flows and long-term profitability, aiming for revenues to return to at least pre-COVID-19 levels. The company raised $250 million through equity issuances and expects capital expenditures of $175 million to $225 million for the year ending December 31, 2024. AMC Entertainment's future plans include continued efforts to retire or purchase outstanding debt and potentially seek additional liquidity.

AMC Entertainment, the world's largest theatrical exhibition company, reported a decrease in total revenues by 10.2% for the nine months ending September 30, 2024, compared to the same period in 2023. Admissions revenues fell by 11.4%, primarily due to a 13.8% drop in attendance, partially offset by a 2.7% increase in average ticket price. Food and beverage revenues also saw a 9.3% decline. The company's operating costs and expenses decreased by 6.0%, with film exhibition costs down by 13.1%. AMC Entertainment underwent a series of refinancing transactions to extend the maturities of approximately $1.6 billion of debt previously maturing in 2026. The company's liquidity concerns persist as it seeks to achieve sustainable net positive cash flows and long-term profitability, aiming for revenues to return to at least pre-COVID-19 levels. The company raised $250 million through equity issuances and expects capital expenditures of $175 million to $225 million for the year ending December 31, 2024. AMC Entertainment's future plans include continued efforts to retire or purchase outstanding debt and potentially seek additional liquidity.