AMC smashes Q2 earnings; reports revenue $444.7M
AMC Entertainment reported its second-quarter (Q2) results on Monday August 9 after the bell. They reported a revenue of $444 million with 8,890 screens operating.

**Earnings**: -$0.71 per share vs -$0.91 expected
**Revenue**: $444.7 million vs $341.3 million expected

##### Key Highlights:

* In April 2021, launched an At-the-Market (ATM) equity program to sell up to 43 million shares of Class A common stock and raised approximately $427.5 million before commissions and fees.
* In May 2021, received the remaining cash consideration of approximately $31.9 million on the completion of the sale of our remaining equity interest in our theatres in Lithuania.
* In June 2021, raised $230.5 million of cash from the sale of 8.5 million shares of Class A common stock to Mudrick Capital Management, L.P.
* In June 2021, launched an ATM equity program to sell 11.55 million shares of Class A common stock and raised approximately $587.4 million before commissions and fees. This brings the total ATM equity raised in the second quarter of 2021 to approximately $1.246 billion, before commissions and fees.

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