Core Insights - AMC Entertainment reported a revenue decline to $1.3 billion in Q3 from $1.35 billion the previous year, attributed to an 11% drop in the domestic box office [1] - The company experienced a significant net loss of $298 million, up from $21 million, primarily due to non-cash charges related to a refinancing effort [1] - Adjusted EBITDA fell to $122 million from $162 million, while negative free cash flow improved to $81 million from negative $92 million year-over-year [2] Financial Performance - Cash and cash equivalents as of September 30 were reported at $365.8 million [2] - AMC's admissions revenue per patron was $12.25, outperforming the industry average, and food and beverage revenue per patron reached $7.74, marking the second-highest in the company's history [4] Industry Outlook - The CEO indicated that 2025 is expected to follow a pattern of a weak first quarter, a strong second quarter, and a soft third quarter, with hopes for a strong year-end in Q4 [3] - The company anticipates that the 2026 box office will significantly exceed the performance of 2025 [4]
AMC Entertainment Q3 Revenue Slips Amid Down Box Office But CEO Adam Aron Upbeat On Q4, 2026