AMC Theatres Reports 900K Subscribers and Revenue of $1.5B in Q2
On the heels of Regal Cinemas new movie subscription service, AMC Theatres reports a stellar second quarter with revenue of $1.51 billion, a 4.4% increase year-over-year. The company also reported net earnings of $49.4 million, an increase of 122.5% year-over-year, and record ticket sales of 97 million, a quarterly high for the company. In addition, the company now has over 900,000 subscribers to its AMC Stubs A-List subscription program, launched in June 2018, exceeding the companys expectations.
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