AMC Entertainment oznámila lepší než očekávané výsledky za 2. čtvrtletí: upravené EPS činilo 14 centů a tržby dosáhly 1,60 miliardy USD. Po zveřejnění výsledků analytici Wedbush a Benchmark zvýšili cílové ceny.
AMC Entertainment Holdings, Inc. (NYSE:AMC) on Monday reported better-than-expected second-quarter results.
Adjusted EPS of 14 cents surpassed the analyst expectations for a loss of six cents per share. The largest cinema chain operator’s revenue rose 14.2% year over year (Y/Y) to $1.60 billion, exceeding estimates of $1.47 billion.
AMC plans to expand its premium large format (PLF) and extra-large format (XLF) footprint by adding 100–250 auditoriums over the next 2–4 years, primarily funded through third-party capital.
AMC shares fell 6.9% to trade at $2.28 on Tuesday.
These analysts made changes to their price targets on AMC following earnings announcement.
Wedbush analyst Alicia Reese maintained AMC with an Outperform rating and raised the price target from $3 to $4. Benchmark analyst Mike Hickey maintained the stock with a Buy and raised the price target from $2.5 to $3. Considering buying AMC stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
AMC oznámila rekordní čtvrtletní upravenou EBITDA ve výši 321,4 mil. USD a volný peněžní tok 190,1 mil. USD. CEO řekl, že firma je „na dohled“ celoročního kladného peněžního toku.
For investors who have spent years focusing on dilution, debt and meme-stock volatility, that may represent the company’s most meaningful shift yet.
Record EBITDA, Stronger Cash FlowAMC reported record second-quarter adjusted EBITDA of $321.4 million, up 70% year-over-year, on record revenue of nearly $1.6 billion. More importantly, the company converted that operating momentum into $190.1 million of free cash flow during the quarter, giving management confidence that consistent annual cash generation is now within reach.
“We’re within sight of being cash flow positive, not for a quarter, but for a year,” Aron said during the earnings call. He later acknowledged the company is “not quite at the promised land yet… but we’re ever so close.”
The comments suggest AMC’s investment narrative is beginning to evolve. While the company still depends on a healthy theatrical release slate, management increasingly believes years of cost controls, premium-format expansion and higher spending per guest have structurally improved its earnings power.
CFO Sean Goodman noted AMC generated more revenue and nearly 40% more adjusted EBITDA than it did in the second quarter of 2019 despite attendance remaining well below pre-pandemic levels.
Debt Reduction Creates A Financial FlywheelThe turnaround isn’t limited to operating performance. Aron said AMC has reduced debt by approximately $1.7 billion since the end of 2020, while Goodman said the company now expects no significant debt maturities before 2029 following recent refinancing efforts. Those actions are also lowering borrowing costs, with management expecting meaningful reductions in annual interest expense as leverage ratios continue to improve.
That creates what could become a virtuous financial cycle. Higher EBITDA improves leverage ratios, lower leverage reduces interest costs, and lower interest expense further reduces the box office threshold needed for AMC to generate positive free cash flow over a full year.
“If interest rates go down, interest expense goes down, and that means that the breakeven box office level goes down as well,” Aron said.
Why Investors Should Watch The Next Few QuartersAMC isn’t declaring victory just yet, but the conversation has clearly changed.
For years, investors judged the company by how much cash it could raise and how long it could survive. Following its strongest operating quarter on record, management wants investors to judge it by how much cash it can consistently generate instead.
If upcoming blockbuster releases help sustain box office momentum, the next milestone may not be another record EBITDA quarter—it could be AMC proving that its long-promised transition from a liquidity story to a sustainable cash-flow story is finally complete.
Shutterstock
Market News and Data brought to you by Benzinga APIs
Asymmetric warfare. A long absence. Fierce loyalty. Of course, while many associate these themes with Christopher Nolan's "The Odyssey," it could also aptly apply to the never-ending saga that is AMC and the army of "ape" traders.
AMC options surged out of the gate this morning with over 300,000 contracts traded as of writing, almost five times the 30-day average and a top 20 stock in the entire market by options volume. Flows were very bullish, with almost 100,000 calls bought, compared to 62,000 calls sold and under 10,000 puts bought, following the film record box office.
In addition to "The Odyssey" breaking records, AMC reported earnings today that beat analysts' expectations and showed double-digit revenue growth.
"America's fascinated with The Odyssey this weekend," AMC CEO Adam Aron said on CNBC's "Squawk Box" this morning. AMC theatres received 4.3 million guests globally across the weekend, Aron added.
AMC 5-day chart
Monday's rally adds to an almost four-month-long climb in AMC shares to just under 150%. That said, for bulls who've been in the stock since its heyday as a retail "meme" favorite after Covid, it's far from a coming-home party. Shares are still down 99% from its all-time high above $700 in 2021. Of course, the options market played a key role in the meme stock mania, often leading underlying shares of AMC.
More than $6 million in options premium exchanged hands Monday, with $5.5 million tied to call contracts.
The most popular options contracts by dollar amount were the 2 and 2.5-strike calls expiring Aug. 21, which were on offer for 39- and 20 cents, respectively. The most popular trade by volume was the 3-strike call with the same expiry, which needs a 34% rally to break even.
Traders willing to spend more on premium may want to watch Imax, up 37% the past year with call options showing some life today, but not nearly as busy as AMC trading.
"As a result of Covid there was a lot of experimentation but what Hollywood has learned over the last several years is people love to go to movie theaters," Aron said in the interview. "Studio after studio is turning out movie after movie designed for the big screen."
AMC Entertainment oznámila rekordní tržby za 2. čtvrtletí ve výši 1,60 miliardy USD a zisk na akcii (EPS) 0,14 USD, čímž překonala očekávání Wall Street. Akcie po výsledcích vzrostly o 11 %.
AMC Entertainment Holdings (NYSE:AMC) shares rose 11% after the movie theater chain reported second-quarter results that exceeded Wall Street expectations, driven by a strong slate of summer blockbuster releases.
The company reported adjusted earnings per share of $0.14 for the quarter ended June 30, compared with analysts' expectations for a loss of $0.02 per share.
Revenue increased 14.2% year over year to a record $1.60 billion, above the consensus estimate of $1.47 billion.
AMC said the quarter marked the highest quarterly revenue and adjusted EBITDA in its 106-year history. Adjusted EBITDA rose 69.6% from a year earlier to $321.4 million, while adjusted net earnings were $104.3 million, compared with an adjusted net loss of $0.5 million in the prior-year period.
The company reported a net loss of $11.4 million, compared with a net loss of $4.7 million a year earlier. Cash and cash equivalents increased to $778.4 million at the end of the quarter from $423.7 million a year earlier.
AMC attributed the strong performance to robust box office demand, noting that six films generated domestic opening weekend box office receipts exceeding $75 million during the second quarter.
The company also pointed to growth across its US and European operations, with domestic revenue rising 13% and European attendance increasing 17.9% year over year.
AMC CEO Adam Aron said that the results demonstrated the operating leverage of AMC's business model as revenue increased, highlighting record quarterly revenue and adjusted EBITDA alongside $190.1 million in free cash flow.
"The second quarter of 2026 was nothing short of extraordinary for AMC. In our 106-year history, never before has AMC had such superb results,” he said.
Looking ahead, Aron pointed to a strong theatrical release schedule, citing the opening weekend performance of The Odyssey and upcoming releases including Spider-Man: Brand New Day, Dune: Part Three and Avengers: Doomsday. He wrote that AMC believes 2026 will be the strongest post-pandemic year for the domestic and global box office.
The company also highlighted progress in strengthening its balance sheet during the quarter, including refinancing $400 million of debt, raising approximately $285 million through equity offerings and reducing principal debt by about $282 million. AMC said it has no currently expected debt maturities until 2029 and expects lower interest costs following recent refinancing and leverage improvements.
AMC Entertainment zveřejní výsledky za 2. čtvrtletí před pondělním otevřením trhu; analytici čekají ztrátu 6 centů na akcii a výnosy 1,46 miliardy USD.
AMC Entertainment Holdings, Inc. (NYSE:AMC) will release its second quarter earnings report before the opening bell on Monday, July 20.
Analysts expect the Leawood, Kansas-based company to report a quarterly loss of 6 cents per share. The consensus estimate for AMC Entertainment’s quarterly revenue is $1.46 billion. It reported $1.4 billion last year, according to Benzinga Pro.
On June 25, AMC Entertainment announced closing of $200 million registered direct offering of common stock.
Shares of AMC Entertainment rose 0.2% to close at $2.07 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AMC stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
AMC refinancovala dluh ve výši 400 milionů USD s úrokem 12,75 % novým prvním zástavním termínovaným úvěrem ve výši 425 milionů USD s úrokem 10,5 % a splatností v roce 2031. Současně mění asi 155,8 milionu USD seniorních zajištěných směnitelných dluhopisů splatných v roce 2030 na akcie, čímž snižuje dlouhodobý dluh na zhruba 3,9 miliardy USD.
Key Takeaways AMC refinanced $400M of 12.75% debt with a $425M loan at 10.5%, extending maturity to 2031.AMC's $155.8 million note conversion lowers long-term debt to about $3.9 billion and removes covenants.AMC ended the first quarter of 2026 with $339 million in cash, excluding $42 million of restricted cash. AMC Entertainment Holdings, Inc. (AMC - Free Report) is advancing its balance-sheet restructuring through a combination of refinancing, debt conversion and liquidity enhancement. The company refinanced $400 million of debt carrying a 12.75% interest rate and maturing in 2027 with a new $425 million first-lien term loan carrying a 10.5% rate and maturing in 2031. The transaction extends the maturity by four years while lowering annual cash interest expense.
The refinancing materially reduces AMC’s near-term maturity burden. Following the transaction, the company’s only remaining debt maturity before 2029 is $125.5 million of 6.25% unsecured notes due in 2027. This longer maturity runway gives AMC greater flexibility to evaluate future refinancing opportunities based on market conditions rather than near-term funding requirements.
AMC is also converting approximately $155.8 million of senior secured exchangeable notes due in 2030 into equity. The company emphasized that the conversion lowers long-term debt to roughly $3.9 billion, compared with more than $5 billion before the pandemic. The removal of the exchangeable notes also eliminates associated covenants, providing additional flexibility to address the remaining debt structure.
Liquidity remains an important component of the broader balance-sheet strategy. AMC ended the first quarter of 2026 with $339 million in cash, excluding $42 million of restricted cash. The company also raised approximately $101 million through its at-the-market equity program and the sale of Hycroft Mining shares, supporting liquidity while preserving investment capacity for its core theater operations.
Looking ahead, AMC’s refinancing strategy remains closely connected to its operating execution. The interest rate on roughly $2.9 billion of debt declines as leverage improves, creating a direct link between EBITDA growth and lower borrowing costs. With near-term maturities largely contained, continued execution across pricing, premium-format expansion, loyalty programs, food-and-beverage initiatives and theater-portfolio optimization could support EBITDA growth, lower leverage, improve future refinancing terms and strengthen financial flexibility.
AMC’s Price Performance, Valuation & EstimatesShares of AMC have declined 38.4% in the past year compared with the industry’s 8.8% fall. In the same time frame, other industry players like Cinemark Holdings, Inc. (CNK - Free Report) have inched up 0.1%, while The Marcus Corporation (MCS - Free Report) has gained 30.2%.
AMC’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, AMC trades at a forward price-to-sales (P/S) multiple of 0.32, below the industry’s average of 2.65. Cinemark and Marcus have P/S ratios of 0.97 and 0.82, respectively.
AMC’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for AMC’s 2026 loss per share has narrowed from 31 cents to 23 cents over the past 60 days.
EPS Trend of AMC Stock
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for AMC’s 2026 loss per share suggests a 76% year-over-year improvement. Conversely, industry players like Cinemark and Marcus are likely to witness growth of 108.7% and 188.2%, respectively, year over year in 2026 earnings.
AMC’s Zacks RankAMC stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
AMC shares are advancing steadily. Why are AMC shares climbing? Earnings Preview & HistoryAMC Entertainment is expected to report a loss of 5 cents per share along with revenue of $1.45 billion.
In the most recent quarter, AMC reported a loss of 36 cents per share, missing estimates of 33 cent-loss by 0.09%. Meanwhile, Revenue came in at $1.04 billion, exceeding the estimate of $974.61 million by 0.07.
Investors will likely key in on whether stronger box-office demand is improving the quality of earnings, not just the headline revenue number.
That means watching attendance and admissions revenue per patron for signs that higher traffic is paired with pricing power and premium-format mix — a signal for whether the jump to an expected $1.45 billion in revenue is margin-accretive.
Food and beverage revenue and per-capita spending will also be closely watched, since concessions are typically a major profit driver for theaters, making stronger per-cap trends a tell that demand is translating into operating leverage.
Given how central balance-sheet concerns have been to the recent debate around the stock, any commentary on interest expense, liquidity, cash levels, or debt refinancing terms could move shares more than a modest EPS beat or miss.
Analyst Consensus & Recent ActionsThe stock carries a Hold rating with an average price target of $1.80 (range: $1.20 to $2.50) across 6 analysts. Recent analyst moves include:
Macquarie: Neutral (Raises Target to $2.00) (July 8) Citigroup: Sell (Raises Target to $1.20) (May 7) Benchmark: Upgraded to Buy (Target $2.50) (May 6) Above the Trend Lines, Below the Breakout PointAMC is trading at $2.02, which keeps it above its key longer-term trend gauges: it’s 10.1% above the 50-day SMA ($1.83), 30.2% above the 100-day SMA ($1.55), and 10.3% above the 200-day SMA ($1.83). The one near-term friction point is the 20-day SMA at $2.09, with the stock still trading 3.6% below that level—often a sign the tape is trying to transition from "bounce" to "trend."
The moving-average structure is still a tailwind: the 20-day SMA is above the 50-day SMA, and the golden cross in July (50-day SMA moving above the 200-day SMA) keeps the intermediate trend biased upward as long as price holds those longer averages. That said, the stock’s 12-month performance remains down 37.18%, so rallies can still run into overhead supply from prior breakdown zones.
Momentum is best read through RSI, which sits at 50.07—basically neutral—suggesting the stock isn’t stretched and could move either way as catalysts approach. RSI is a momentum gauge that helps show whether buying or selling pressure is getting "overdone," and right now it’s signaling balance rather than exhaustion.
Key Resistance: $2.00 — a round-number pivot that’s also sitting near the current price, making it a key "line in the sand" for follow-through AMC Shares Trend HigherAMC Price Action: At the time of publication, AMC shares are trading 3.47% higher at $2.03, according to data from Benzinga Pro.
Image via Shutterstock
Market News and Data brought to you by Benzinga APIs
AMC rostlo ve středu odpoledne o 10,47 % na 1,90 USD poté, co Macquarie zvýšila cílovou cenu z 1,50 USD na 2 USD. Zároveň zvedla odhad adjusted EBITDA pro rok 2026 na 629 milionů USD.
AMC Entertainment shares are climbing with conviction. Why is AMC stock up today? Macquarie Raises AMC Price TargetMacquarie maintained a Neutral rating on AMC, but lifted its price target from $1.50 to $2, implying upside from recent trading levels. The firm also raised its 2026 AMC adjusted EBITDA estimate to $629 million from $600 million and improved its projected full-year adjusted loss to 24 cents per share from a prior loss estimate of 28 cents.
Box Office Recovery Supports AMCThat matters for AMC because higher attendance directly supports ticket sales, concessions and operating leverage across its theater network. Macquarie also raised its 2026 industry box office forecast to $9.8 billion, up 13% year-over-year.
Still, the firm remains cautious. Macquarie cited rising costs and a slower box office recovery as downside risks, while noting faster box office improvement could support upside for AMC shares.
AMC Stock: Key Technical Levels To WatchAMC is trading at $1.94, sitting 6.9% above its 50-day SMA ($1.81) and 4.4% above its 200-day SMA ($1.85), which supports the idea that buyers are defending the intermediate trend. At the same time, it’s trading 9.9% below its 20-day SMA ($2.15), so the stock is still working through near-term overhead supply from the last few weeks.
RSI is the cleaner momentum read right now: at 48.82, it’s neutral, suggesting the rally is more "reset and bounce" than a stretched, overbought breakout. For context, RSI measures how extended the recent buying or selling has been, and a mid-range reading often lines up with choppy, level-to-level trading.
The moving-average structure is mixed: the 20-day SMA is above the 50-day SMA (a bullish short-term crossover), but the 50-day SMA remains below the 200-day SMA (a bearish longer-term backdrop). On the longer view, the stock is still down 33.10% over the past 12 months, with key turning points including an oversold RSI dip in March, a swing low in May, and a swing high in June.
Key Resistance: $2.00 — a round-number area just above current price where rebounds can stall, especially with the 20-day EMA near $1.99 AMC Shares Surge Wednesday AfternoonAMC Price Action: AMC Entertainment shares were up 10.47% at $1.90 at the time of publication on Wednesday, according to Benzinga Pro data.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
AMC spustí v červnu 2026 Arena One ve více než 300 kinech v USA a přenese do nich živé koncerty. V 1. čtvrtletí tržby stouply o 21,2 % na 1,05 miliardy USD.
Key Takeaways AMC will launch Arena One in June 2026, bringing live concerts to more than 300 U.S. theaters.AMC's Q1 revenues rose 21.2% y/y to $1.05B as attendance increased 13.6%.AMC aims to diversify revenues, boost theater use and create incremental traffic with Arena One. AMC Entertainment Holdings, Inc. (AMC - Free Report) is expanding beyond traditional movie exhibition with the launch of Arena One at AMC, a new platform that will bring live concerts into its theaters nationwide. While the ongoing recovery in the box office remains the company's primary growth engine, Arena One reflects management's broader strategy of maximizing the earning potential of its theater network by introducing alternative content. The initiative raises an important question for investors: whether live concert programming can become a meaningful contributor to AMC's long-term growth.
Management announced that Arena One at AMC will launch in June 2026 across more than 300 theaters in the United States, allowing fans to experience live concerts on the big screen simultaneously across the country. According to the company, the initiative opens AMC's theaters "not only to moviegoers but also to fans of live concerts," representing another step in broadening the company's entertainment offerings.
The launch also comes at a favorable time for the exhibition industry. AMC reported that the North American box office increased 22% year over year during the first quarter of 2026, with management expressing confidence that the 2026 film slate will produce the strongest post-pandemic box office performance. The company also highlighted renewed commitments from major studios to maintain exclusive theatrical windows of at least 45 days, supporting a healthier exhibition environment. Rather than replacing movies, Arena One complements this improving backdrop by providing another reason for consumers to visit theaters.
AMC's improving financial performance further supports its ability to pursue new initiatives. During the first quarter of 2026, revenues increased 21.2% year over year to $1.05 billion, attendance rose 13.6%, and adjusted EBITDA improved by $96 million to $38.3 million, marking the company's strongest first-quarter adjusted EBITDA since before the pandemic. At the same time, management continued strengthening the balance sheet through debt refinancing, debt-to-equity conversions and equity issuance, improving financial flexibility as it invests in strategic growth opportunities.
Nevertheless, Arena One represents a logical extension of AMC's broader strategy to transform its theaters into multi-purpose entertainment destinations rather than venues dedicated solely to movies. By leveraging its nationwide premium-screen network to host live concerts, the company is seeking to diversify revenue streams, improve theater utilization and create incremental customer traffic. While movies will remain the foundation of the business, the successful execution of Arena One could provide an additional growth avenue that strengthens AMC's earnings potential over the long term.
Exhibitors Look Beyond Movies to Drive Higher Theatre UtilizationAMC's Arena One initiative reflects a broader industry focus on maximizing theater traffic and enhancing the overall guest experience. Other exhibitors, including The Marcus Corporation (MCS - Free Report) and Reading International, Inc. (RDI - Free Report) , are also investing in initiatives that encourage more frequent visits and improve spending per guest, even though their strategies remain centered on the traditional theatrical experience.
Marcus continues to focus on strengthening theater economics through digital enhancements and premium guest experiences. During the first quarter of 2026, MCS completed the rollout of tap-to-pay terminals across its theaters, expanded in-seat QR code food ordering at all dine-in locations and is developing a redesigned digital food-and-beverage ordering platform to increase basket sizes and improve customer convenience. Management also highlighted ongoing investments in premium large-format screens, strategic ticket pricing and merchandise sales to drive higher per-capita spending while benefiting from a stronger film slate.
Reading International is pursuing a complementary strategy by enhancing the in-theater experience and optimizing its cinema portfolio. Management emphasized premium cinema offerings, luxury seating upgrades and operational initiatives aimed at improving attendance and profitability while capitalizing on a stronger release schedule. RDI also expects an improving film slate to support higher theater utilization and operating performance over the next several quarters.
AMC’s Price Performance, Valuation & EstimatesShares of AMC have gained 29.8% in the past three months, outperforming the Zacks Leisure and Recreation Services industry, the broader Consumer Discretionary sector and the S&P 500 Index.
AMC Stock’s Three-Month Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, AMC stock trades at a forward price-to-sales ratio of 0.28, below the industry’s average of 2.72.
AMC’s P/s Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
AMC’s bottom-line estimates for 2026 and 2027 reflect a loss per share of 23 cents and 11 cents, respectively, which have narrowed over the past 30 days. However, the revised estimates for 2026 and 2027 indicate year-over-year growth of 76% and 51.1%, respectively.
EPS Trend of AMC Stock
Image Source: Zacks Investment Research
AMC currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
AMC Entertainment klesla o 7,93 % na 1,74 USD, protože investoři řeší nové emise akcií a jejich dopad na ředění. Investoři zároveň sledují nadcházející earnings webcast a letní výsledky pokladen.
AMC Entertainment Holdings (AMC 7.94%), a theatrical motion picture exhibition and cinema operations company, closed at $1.74, down 7.93%. Investors are monitoring the upcoming earnings webcast and summer box office performance closely.
How the markets moved todayS&P 500 (^GSPC +0.72%) closed at 7,537.43, up 0.72%, while the Nasdaq Composite (^IXIC +1.12%) finished at 26,121, up 1.12%. Among movie theater exhibition and cinema operations peers, Cinemark Holdings (CNK 5.01%) closed at $29.95, down 5.01%, and IMAX (IMAX 6.39%) closed at $37.33, down 6.39%, showing weak trading across the group.
What this means for investorsAMC’s decline came as selected theater stocks traded lower, with investors weighing the company’s recent capital raises against improving box-office trends. The $150 million at-the-market offering and $200 million registered direct offering added liquidity and supported debt-reduction efforts, but the new share issuance keeps dilution central to the stock’s near-term debate.
The summer box office is helping balance out AMC’s challenges. The company just had its busiest U.S. weekend of 2026, thanks to Toy Story 5 and other new releases. Higher attendance and more food and drink sales show how quickly AMC can benefit from a healthier release slate. The next quarterly report will reveal whether this increased traffic is leading to better profits and sufficient financial improvement to ease pressure on its financing.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
AMC uzavřela dohodu s institucionálními investory o prodeji 95,25 milionu akcií za zhruba 200 milionů USD. Výnosy z prodeje použije na splacení dluhu ve výši 125,5 milionu USD a posílení hotovosti.
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), announced today that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 95,250,000 shares of AMC common stock. The Offering is expected to result in gross proceeds of approximately $200 million, before deducting agent fees and offering expenses.
AMC intends to use the net proceeds from the Offering to redeem all of its $125,500,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027, pay related fees, costs, premiums and expenses associated therewith and for general corporate purposes, which may include the repayment of other debt, the strengthening of AMC's cash reserves and investments to enhance the moviegoing experience at AMC's theatres. The Offering is expected to close on June 24, 2026, subject to customary closing conditions.
Roth Capital Partners is acting as the sole placement agent for the Offering.
The shares described above are being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-293291), originally filed with the Securities and Exchange Commission (the “SEC”) on February 9, 2026. The Offering is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the Offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies may be obtained when available, from Roth Capital Partners, LLC, 888 San Clemente, Suite 400, Newport Beach, CA 92660, (800) 678-9147 or by email at [email protected], or by accessing the SEC’s website, www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 850 theatres and 9,600 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit www.amctheatres.com.
Website Information
This press release, along with other news about AMC, is available at www.amctheatres.com. We routinely post information that may be important to investors in the Investor Relations section of our website, www.investor.amctheatres.com. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD, and we encourage investors to consult that section of our website regularly for important information about AMC. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Investors interested in automatically receiving news and information when posted to our website can also visit www.investor.amctheatres.com to sign up for email alerts.
Forward-Looking Statements
This communication includes “forward-looking statements” within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In many cases, these forward-looking statements may be identified by the use of words such as “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “indicates,” “projects,” “goals,” “objectives,” “targets,” “predicts,” “plans,” “seeks,” and variations of these words and similar expressions. Examples of forward-looking statements include statements the Company makes regarding impacts of the industry box office in North America and European industry attendance, the Company’s expected revenue, net loss, capital expenditures, diluted loss per share, Adjusted EBITDA and estimated cash and cash equivalents, the potential for sustained growth, the Company’s cash generation potential, the potential for further debt equitization, the ability to achieve the Company’s AMC Go Plan, the Company’s financial runway and the continued box office recovery as well as the future box office outlook, including with respect to the full year 2026, the use of proceeds from the Offering, changing market dynamics and capitalizing on opportunities to further strengthen AMC’s balance sheet. Any forward-looking statement speaks only as of the date on which it is made. These forward-looking statements may include, among other things, statements related to AMC’s current expectations regarding the performance of its business, financial results, liquidity and capital resources and are based on information available at the time the statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks, trends, uncertainties and other facts that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks, trends, uncertainties and facts include, but are not limited to: the sufficiency of AMC’s existing cash and cash equivalents and available borrowing capacity; AMC’s ability to obtain additional liquidity, which if not realized or insufficient to generate the material amounts of additional liquidity that will be required unless it is able to achieve more normalized levels of operating revenues, likely would result with AMC seeking an in-court or out-of-court restructuring of its liabilities; the effectiveness of the refinancing transactions completed in the third quarter of 2025 and the ability to further equitize existing debt; increased use of alternative film delivery methods or other forms of entertainment; the continued recovery of the North American and international box office; AMC’s significant indebtedness, including its ability to meet its covenants and limitations on AMC's ability to take advantage of certain business opportunities imposed by such covenants; shrinking exclusive theatrical release windows; the seasonality of AMC’s revenue and working capital; intense competition in the geographic areas in which AMC operates; risks relating to impairment losses, including with respect to goodwill and other intangibles, and theatre and other closure charges; motion picture production, promotion, marketing, and performance including labor stoppages affecting the production, supply and release schedule of theatrical motion picture content and choice of distributors to release fewer feature-length films as a result of the additional financial burden imposed by tariffs; the use of artificial intelligence (“AI”) technology in the filmmaking process and audience acceptance of movies made utilizing AI technology; general and international economic, political, regulatory and other risks, including but not limited to rising interest rates; AMC’s lack of control over distributors of films; limitations on the availability of capital, including on the authorized number of AMC common stock; dilution of voting power caused by recent sales of AMC common stock and through the issuance of AMC common stock underlying Muvico LLC’s exchangeable notes and the issuance of preferred stock; AMC’s ability to achieve expected synergies, benefits and performance from its strategic initiatives; AMC’s ability to refinance its indebtedness on favorable terms; AMC’s ability to optimize its theatre circuit; AMC’s ability to recognize interest deduction carryforwards, net operating loss carryforwards, and other tax attributes to reduce future tax liability; supply chain disruptions, labor shortages, increased cost and inflation; and other factors discussed in the reports AMC has filed with the SEC. Should one or more of these risks, trends, uncertainties, or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. Accordingly, the Company cautions you against relying on forward-looking statements, which speak only as of the date they are made.
Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. For a detailed discussion of risks, trends and uncertainties facing AMC, see the section entitled “Risk Factors” and elsewhere in the Company’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as the Company’s other filings with the SEC, copies of which may be obtained by visiting the Company’s Investor Relations website at investor.amctheatres.com or the SEC’s website at www.sec.gov.
AMC does not intend, and undertakes no duty, to update any information contained herein to reflect future events or circumstances, except as required by applicable law.
