Clover Health Investments Corp. reported a First Quarter 2024 GAAP Net Loss from Continuing Operations of $23.2 million, an improvement from the previous year. The company also achieved a First Quarter Adjusted EBITDA profitability of $6.8 million. Meanwhile, AMC Theatres saw a decrease in total revenues to $951.4 million for Q1 2024 compared to $954.4 million in Q1 2023. Despite this, AMC's net loss improved to $(163.5) million from $(235.5) million in the same period last year.
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$AMC earnings: https://t.co/wdlgUrqm5L
AMC Theatres Shrinks First Quarter Loss, Sees Revenues Dip on Weaker Box Office https://t.co/T7Df06d97z
$AMC Earnings: -Total revenues were $951.4 million compared to $954.4 million for Q1 2023. - Net loss improved to $(163.5) million compared to a net loss of $(235.5) million for Q1 2023. - Net loss per diluted share was $(0.62) compared to $(1.71) for Q1 2023 - Adjusted EBITDA… https://t.co/uT8Nat9b3N
$CLOV Earnings: - First Quarter 2024 GAAP Net Loss from Continuing Operations of $23.2 million versus First Quarter 2023 loss of $79.7 million - First Quarter Adjusted EBITDA profitability of $6.8 million versus prior period loss of $37.5 million - Improves 2024 guidance to… https://t.co/FLTUHvQcsY