AMC Turns Profit After 106 Years | Raleigh News

AMC just shattered expectations by posting its first profit in 106 years, thanks to a surge in moviegoers and a booming box office that turned fixed costs into profit. With 52.5 million U.S. visitors and $1.597 billion in revenue, the theater giant hit a historic $321.4 million adjusted EBITDA — the first time ever over $300 million in a single quarter. But with new stock dilution, per-share gains are modest. The real test? Can AMC avoid issuing more shares for the next year, letting existing investors finally reap the rewards of their fixed-cost advantage as blockbuster releases loom and debt payments are delayed. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3463000fefc23c26