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AMC boosted by its preliminary figures











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(Boursier.com) — CMA climbed before the stock market on Wall Street, while the American chain of cinemas had just delivered preliminary results that exceeded expectations. For the fourth fiscal quarter, ending at the end of December, the group therefore reports revenues of approximately 1.172 billion dollars, against 163 million dollars a year before and 1.09 billion consensus. The net loss would be reduced to between 115 and 195 million dollars, including non-cash charges ranging from 50 to 125 million. A year earlier, the net loss was 946 million. Quarterly adjusted EBITDA is expected to be between 147 and 152 million dollars, against a loss of 327 million over the comparable period last year. The level of cash and cash equivalents at the end of the period is approaching $1.6 billion, while the level of liquidity exceeds $1.8 billion.


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