AMC Narrows Net Loss to Below $194.8 Million in Preliminary Q4 2021 Results

AMC Narrows Net Loss to Below $194.8 Million in Preliminary Q4 2021 Results

(AMC) AMC Entertainment Holdings Inc. estimates its net loss to be $194.8 million to $114.8 million in the fourth quarter of 2021, down from a net loss of $946.1 million in the prior year.

The company estimates its total revenues in the fourth quarter at around $1,171.6 million, up from just $162.5 million in the prior year.

EBITDA is estimated at between $146.8 million and $151.8 million in the fourth quarter, up from an EBITDA loss of $327.5 million in the prior year.

The company is estimated to have generated operating cash of $216.5 million in the fourth quarter, with cash and cash equivalents as of December 31, 2021, at $1,592.5 million.

AMC: NYSE is up +4.79%.

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