AMC Entertainment Holdings Inc (AMC)

[WALL STREET KID]

💰🤑🍿 $AMC Q3 earnings went BOOOOOOOOM?!!! 🚀💰🚀💰🚀

#AMC has surpassed both consensus and market expectations. With revenues exceeding $1.4 BILLION and Adjusted EDBITA reaching $194 Million this Quarter has marked out most successful third quarter resuts in $AMC;s entire 103 year history

We've achieved positive net income for the 2nd quarter and have strengthened out cash position to $730 Million . 🚀💰

🎉🍿 Total revenue skyrocketed by a whopping 45.2% compared to Q3 2022, reaching an impressive $1,405.9 million .

💰🍿 Net earnings saw a phenomenal leap, soaring by $239.2 million to a remarkable $12.3 million, compared to the net loss of $226.9 million in Q3 2022.

📈🍿 Diluted earnings (loss) per share witnessed an astounding transformation, improving by a staggering $2.28 to reach $0.08, compared to $(2.20) in Q3 2022

🔥🍿 Adjusted EBITDA blazed a trail of success, improving by an extraordinary $206.6 million to reach an astounding $193.7 million, compared to the challenging $(12.9) million in Q3 2022

💸🍿 Net cash provided by operating activities flourished, marking a remarkable increase of $289.5 million, reaching $65.9 million, compared to Q3 2022.

🍿🚀 'Non-GAAP Operating Cash Generated' was nothing short of spectacular at $108.7 million, reflecting a jaw-dropping improvement of $287.9 million compared to Q3 2022

📈🍿 As of September 30, 2023, cash and cash equivalents amounted to a HUUUUUUUGE $729.7 million!!!!

💰🤑🍿 $AMC Q3 earnings went 𝐁𝐎𝐎𝐎𝐎𝐎𝐎𝐎𝐎𝐌!!! 🚀💰🚀💰🚀#AMC has surpassed both consensus and market expectations. 𝐖𝐢𝐭𝐡 𝐫𝐞𝐯𝐞𝐧𝐮𝐞𝐬 𝐞𝐱𝐜𝐞𝐞𝐝𝐢𝐧𝐠 $𝟏.𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐝 𝐀𝐝𝐣𝐮𝐬𝐭𝐞𝐝 𝐄𝐁𝐈𝐓𝐃𝐀 𝐫𝐞𝐚𝐜𝐡𝐢𝐧𝐠 $𝟏𝟗𝟒 𝐦𝐢𝐥𝐥𝐢𝐨𝐧, 𝐭𝐡𝐢𝐬… pic.twitter.com/jriEGjVA7r

— 💜AMC🍿Cheerleader🦍🏴‍☠️🚀 (@AMCcheerleader) November 8, 2023