AMC lost less money then expected, maybe they can teach us.
Short term Bull, Long term Bear on this stock.
> “Our results for the first quarter of 2022 represent AMC’s strongest first quarter in two full years,” CEO Adam Aron said in a statement Monday.
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> The movie theater chain reported a net loss of $337.4 million, or 65 cents a share, as compared with a loss of $567.2 million, or $1.42 per share, a year ago.
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> Revenue rose to $785.7 million from $148.3 million last year and topped the $743 million analysts had expected.
