AMC Shares Pop Following Earnings
- 3 years ago
AMC Entertainment ($AMC@US) reported earnings after hours on Monday. The company reported higher-than-expected revenue for the second quarter. The movie-theater company shared revenue of $444 million vs. the $382 estimate. Also, its adjusted loss per share came in at $0.71, beating the estimate of $0.93 loss per share. AMC also announced on its earnings call that the company will accept Bitcoin as a payment method by the end of the year.