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AMC Reports Q1 Losses as CEO Highlights Rebound in Moviegoing Demand

The company cites a weak film slate for its lowest Q1 box office since 1996 but points to surging ticket sales in April and May as a sign of recovery.

An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, U.S., June 2, 2021.  REUTERS/Carlo Allegri/File Photo
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Overview

  • AMC Entertainment reported Q1 2025 revenue of $862.5 million, a 9% decline year-on-year, with net losses widening to $202.1 million.
  • CEO Adam Aron described the first-quarter downturn as a temporary anomaly caused by a weak slate of major film releases.
  • Global attendance fell 10%, U.S. attendance was down nearly 12%, and concessions revenue dropped to $283.4 million from $321.2 million in Q1 2024.
  • Since April 1, box office performance has doubled compared to the same period in 2024, with upcoming blockbusters expected to sustain the momentum.
  • AMC is monitoring potential tariffs on foreign-made films proposed by former President Trump, which could impact Hollywood production strategies.