AMC Reports $1.3 Billion in Revenue as Box Office Rebounds

Theater attendance surged 20% in Q4 2024, driven by blockbuster releases like 'Moana 2' and 'Wicked,' marking a strong recovery for the cinema industry.

• AMC Entertainment reported $1.3 billion in Q4 2024 revenue, meeting Wall Street projections and marking an 18% year-over-year increase.
• Quarterly attendance reached 62.4 million, a 20% rise compared to the same period last year, with strong contributions from hit films including 'Moana 2,' 'Wicked,' and 'Gladiator II.'
• The company achieved a record $7.15 in average concessions spending per patron globally, with U.S. patrons spending $8.21 on average.
• AMC reduced its Q4 net loss to $135.6 million from $182 million in the previous year, while also cutting debt by over $375 million in 2024.
• CEO Adam Aron highlighted plans to expand premium AMC XL screens and projected further box office growth in 2025 with a robust slate of theatrical releases.

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