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AMC Theatres Grapples With Nearly 10 Percent Attendance Drop In Latest Quarter


AMC Entertainment Holdings has seen its fourth-quarter net loss edge down on lower overall revenues as it hopes for stronger Hollywood box office this year.

On Monday, the debt-laden parent of AMC Theatres reported overall revenues at $1.28 billion, down 1.4 percent against a year-earlier $1.3 billion. That came as total attendance at its domestic and international theaters fell nearly 10 percent to 56.3 million patrons during the latest quarter.

U.S. markets attendance was off 7.5 percent to 39.7 million filmgoers, while international attendance was off nearly 15 percent at 16.5 million ticket buyers after a roller coaster ride for Hollywood box office in 2025.

AMC Theatres’ net loss for its most recent financial quarter was $127.4 million, against a year-earlier loss of $135.6 million, or a diluted loss per-share of 25 cents, compared to a loss of 35 cents per-share in the same period of 2024. During the latest quarter, admissions revenue came in at $701.6 million, against a year-earlier $721.4 million, while food and beverage revenue was also down at $436.5 million, compared to $446.2 million in the same period of 2024.

AMC is riding a premium screen gold rush at the local multiplex by offering varied immersive auditoriums like Imax, Dolby Cinema, iSense, XL and laser projection-equipped screens. AMC Theatres CEO Adam Aron in remarks that accompanied his latest financial results anticipated better Hollywood box office anticipated in 2026.

“Looking ahead, our studio partners are poised to deliver on their commitment to release more titles in 2026 and beyond, and this makes us increasingly optimistic. Encouragingly, the January North American box office was approximately 16 percent ahead of the same period last year, and the European box office growth has been even more significant,” he argued.

Also Monday, parent AMC Entertainment Holdings said a subsidiary, Muvico LLC, had launched an offering of $1.73 billion in first lien notes due 2031 as part of ongoing debt refinancing efforts. The company also recently announced it had struck an agreement to sell up to $150 million of class A common stock to address its high debt load coming out of the pandemic.

AMC Theatres will hold its Q4 analyst call on Tuesday after the market close.

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