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AMC Entertainment Holdings, Inc. (NYSE: AMC) reported its first quarter 2024 results, available on the Investor Relations section of the company's website. The live webcast for investors and interested parties will be held on May 8, 2024.
National CineMedia, Inc. (NASDAQ: NCMI) reported a 7.2% increase in total revenue for the first quarter of 2024 compared to the same period last year. The company saw improvements in operating loss, adjusted OIBDA, and net loss. While net loss per diluted share decreased, adjusted OIBDA and adjusted net loss are non-GAAP measures. The company announced an optimistic outlook for the second quarter of 2024, with expected total revenue of $49.5 million to $51.5 million and Adjusted OIBDA in the range of $3.5 million to $4.5 million. The company continues to focus on creating value for its shareholders through share repurchase programs and strong performance in the cinema advertising network.
National CineMedia, Inc. (NASDAQ: NCMI) will release its first quarter 2024 earnings results on May 6, 2024. The company, managing National CineMedia, , the largest cinema advertising platform in the U.S., will host a conference call to discuss the results.
AMC Entertainment Holdings, Inc. (NYSE: AMC) released its preliminary results for Q1 2024, showing total revenues of $951.4 million, a net loss of $(163.5) million, and adjusted EBITDA of $(31.6) million. Despite challenges from the 2023 Hollywood strikes, AMC outperformed consensus estimates for Revenue, Adjusted EBITDA, Net Income, and Diluted EPS. The company expects a strong box office in the upcoming quarters.
Warner Bros. Pictures and HBO partner to bring the documentary 'The Commandant's Shadow' to theaters in the U.S., focusing on the son of Auschwitz's Camp Commandant facing his father's legacy. The film highlights the meeting between the descendant of a war criminal and a Holocaust survivor, shedding light on the impact of historical atrocities across generations.
