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Browsing: Revenue
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Capcom just posted its best first quarter on record, with net sales up 54.7% year-on-year to ¥70.4 billion ($429 million). Operating profit climbed 66.9% to ¥41.1 billion ($250.9 million), and digital revenue surged 83% to ¥54.6 billion. The numbers confirm that Capcom’s bet on anime adaptations is paying off in hard sales figures.
AMC Entertainment Holdings, Inc. (NYSE:AMC) jumped 16% in premarket trading on Monday after reporting record second-quarter revenue and a surprise adjusted profit. Revenue reached $1.60 billion, compared with the $1.47 billion expected by analysts, while adjusted earnings came in at 14 cents per share instead of the expected 6-cent loss.
AMC Entertainment (AMC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.
AMC Entertainment saw its share price climb by as much as 25.77 percent during intra-day trading on Monday at $2.44 apiece, after the theater giant posted its highest quarterly revenue in its 106-year history, prompting investors to look past a wider net loss and focus on signs that recovery is gaining momentum.