AMC Entertainment shares jumped as much as 25.77 percent on Monday after the theater chain reported its highest quarterly revenue in its 106-year history. Revenue rose 14 percent to $1.597 billion in the second quarter, pushing the first-half total to $2.64 billion, a 17 percent increase from a year earlier. The company widened its quarterly net loss to $11.4 million from $4.7 million, but slashed its first-half net loss by 37.9 percent to $128.5 million. Chairman and CEO Adam Aron called the results extraordinary, noting that adjusted EBITDA also reached a record. B. Riley maintained a neutral rating and $2.25 price target but said 2026 estimates carry an upside bias after the stronger-than-expected quarter.
AMC Entertainment Holdings IncRecord quarterly revenue and improved EBITDA, with analyst noting upside bias to estimates.