AMC Theaters reported burning $440 million in cash in 2023, with $150 million in Q4 alone. Despite a rally, the company faces challenges like a larger-than-expected loss due to delayed Hollywood releases. The CEO agreed to reduce his compensation amid retail shareholders' discontent. AMC's share count has increased significantly over the years, and the stock slid after Q4 results, marking the biggest decline in four months.
AMC is ‘hamstrung’ by these factors, says @Macquarie - my story for @MarketWatch #AMC $AMC https://t.co/Tavi48SdJd
AMC is ‘hamstrung’ by these factors, says Macquarie https://t.co/qX624sSFFM
AMC CEO reveals source for increased revenue https://t.co/Xrasl86qKe https://t.co/V4puyW71qQ
Rich Greenfield took a lot of abuse for his $AMC call, saying it would fall to a penny amid operating losses, cash burn, a failure of box office to return to pre-pandemic levels, and LOTS AND LOTS of dilution. Well, it didn't fall to a penny, but it did fall to PENNIES. Given the… https://t.co/51pSYo7ZR6
AMC’s stock slides after Q4 results, on pace for biggest decline in four months #AMC $AMC https://t.co/jf1aykodI2
Covered my $AMC short, which I ramped when it popped above $5. Non-GAAP reported "Operating Cash Generated (Burn)" backs out debt service and deferred rent.... Aron is going to hold stock he got for free after blowing out his holdings into the APES faces. @WallStCynic
AMC shares slide after Q4 results, on pace for biggest decline in four months https://t.co/gdyxk4vtgv
The level of denial in $AMC is astonishing. The numbers are terrible, a step towards bankruptcy. But @CEOAdam said they were a "beat". And so Apes are perplexed the stock went down.
AMC CEO cuts his pay by 25%: 'I feel your pain' on stock losses https://t.co/QJCcv07oKg by @ines_ferre
AMC’s Revenue Beat Not Helping the Stock. CEO Aron Is Riding It Lower With You. https://t.co/6bCRGDvqml
AMC rode the Taylor Swift and Beyoncé wave, but a ‘bumpy 2024’ is now under way, Wedbush says https://t.co/wrT9gWeUE3
⚠️ AMC TUMBLES AS HOLLYWOOD STRIKES, HIGHER EXPENSES HIT RESULTS (Reuters) AMC Entertainment slumped more than 10% on Thursday as the movie industry continued to reel from the impact of twin Hollywood strikes, driving the theater chain to post a larger-than-expected quarterly… https://t.co/t0eitdxIi8
AMC reported a comprehensive beat in Q4, demonstrating improvements in several financial metrics. However, it failed to satisfy the market. Here's what you need to know https://t.co/vLSp58PVzi
What is bizarro about $AMC is the stock will halve, and the longs will declare they have won. And then it will halve again. And again.
AMC posts bigger-than-expected loss on delayed Hollywood releases https://t.co/2TM6uLFCnb https://t.co/PhW2NCxsuV
#MOAD Mother of All Dilution $AMC’s share count is up 21x in four years https://t.co/8lwOxN49tp
AMC's distribution of "The Eras Tour" and "Renaissance" grew AMC revenue by double digits in a bad quarter for box office overall. More details: https://t.co/3kL22ki8tA https://t.co/MnwYjb9zit
Adam Aron and the AMC Entertainment board have agreed to reduce the CEO’s target compensation by 25% this year, he said, as he’s bombarded with hostility by the theater chain’s large group of retail shareholders angry at the sinking stock https://t.co/UBysZBKEvT
$AMC loss release out. I love $AMC apes. See you all in bankruptcy court... https://t.co/y3R1gbK9Ta
Another spectacular example of #Ape stupidity: $AMC rallied nrly 40% in last 3 wks & is only down (8)% AH… https://t.co/6nBf9uUIKw …despite burning $(150)M FCF in Q4, still being saddled with $(3.8)B of net debt & still being hopelessly #insolvent!?! https://t.co/hmrGcFRA9w https://t.co/pmjUbGIOlW
AMC, the world’s largest theater chain, reported fourth-quarter earnings that fell short of Wall Street estimates https://t.co/iFRqUZa5AE
$AMC included my two favorite Hallmarks of a Shitco - sneaking in cash from cap. raises as non-GAAP cash flow - EPS “beat” by losses divided into an ever increasing share count. Congrats to the bond holders! - Kenny G. https://t.co/a8NkqyqoD7
AMC Theaters Burned $440 million of cash in 2023, including $150 million in Q4 $AMC Cannot wait to see how much @CEOAdam paid himself in 2023 https://t.co/TJprt1UNVy
$AMC | AMC Q4 Earnings: - Adj EPS/Loss $0.54 (Est/Loss $0.70) 🟢 - GAAP Revenue $1.10B (Est. $1.05B) 🟢 https://t.co/yl3E7j4ijS