AMC loss isn’t quite as bad as expected, while revenue is a blowout
The world’s largest theater chain outperformed as moviegoers returned in droves.
Movie theater giant AMC reported a narrower-than-expected loss for the first quarter as it posted record admissions revenue per guest. The company reported a net loss of $0.58, compared to analysts’ expected loss of $0.59 per share. Meanwhile, revenue came in at $862.5 million, handily topping Wall Street’s forecast of $837 million.
Shares were flat after-hours.
AMC also achieved an all-time first-quarter record for US admissions revenue per patron, as CEO Adam Aron said demand is still rebounding: “The April 2025 industry-wide domestic box office was double that of April 2024, and so far in May, box office totals have again been running at double last year’s pace.”
Recent standouts include Warner Bros.’ “Minecraft,” Ryan Coogler’s “Sinners,” and Marvel’s “Thunderbolts*,” with more blockbusters ahead like “Lilo & Stitch” in live action, “Mission: Impossible – The Final Reckoning,” and “Avatar: Fire and Ash.”
AMC shares are down about 35% year to date.