- AMC
+20.00%
AMC <a href="https://comicvibe.com/skycity-entertainment-asxskc-gains-as-consumer-services-stock-remains-in-focus/” title=”SkyCity Entertainment (ASX:SKC) Gains as Consumer Services Stock Remains in Focus”>Entertainment Holdings, Inc. (NYSE:AMC) shares climbed 13.4% in premarket trading after the cinema operator delivered second-quarter results that comfortably beat Wall Street expectations, achieving the strongest quarterly revenue and adjusted EBITDA in its 106-year history.
The company reported adjusted earnings per share of $0.14 for the second quarter, exceeding analyst forecasts of a $0.02 loss per share by $0.16. Revenue increased 14.2% year over year to $1.6 billion, ahead of the $1.5 billion consensus estimate. Adjusted EBITDA jumped 69.6% to $321.4 million from $189.5 million a year earlier, marking the first time AMC has generated more than $300 million in adjusted EBITDA during a single quarter.
“The second quarter of 2026 was nothing short of extraordinary for AMC,” said Chairman and CEO Adam Aron. “In our 106-year history, never before has AMC had such superb results. Total revenues increased approximately 14.2%, year over year, to approximately $1.6 billion, while Adjusted EBITDA soared 70% to $321.4 million.”
The company said its U.S. business continued to outperform the broader cinema industry, with domestic revenue rising 13.0% year over year compared with a 10.7% increase in the overall domestic box office. International operations delivered even stronger momentum, with attendance climbing 17.9% and adjusted EBITDA surging 336.7% during the quarter. Consolidated adjusted EBITDA margin improved to 20.1%, up from 13.6% in the same period last year.
AMC also strengthened its financial position, generating $190.1 million in free cash flow during the quarter. Cash and cash equivalents stood at $778.4 million as of June 30, 2026, an increase of 83.7% from $423.7 million a year earlier.
AMC Entertainment Holdings stock price
