AMC Entertainment Holdings Inc - Ordinary Shares - Class A

NYSE:AMC   11:59:23 AM EDT
3.67
+0.63 (+20.72%)
Other Pre-Announcement

AMC Entertainment Says It Served More Than 1,400,000 Guests As Of September 14

Published: 09/24/2020 12:55 GMT
AMC Entertainment Holdings Inc (AMC) - Amc Entertainment Holdings Inc - Since Resumption of Operations in Its U.S. Markets, Company Has Served More Than 1,400,000 Guests As of September 14.
Amc Entertainment Holdings Inc - Reopened 170 Additional Theatres on August 26, 2020, and 142 Additional Theatres on September 4, 2020 in U.S.amc Entertainment - Since Resumption of Operations in International Markets, Co's Theatres Have Served More Than 3.6 Million Guests As of September 14.
Amc Entertainment Holdings Inc - Total Cash Burn for Q2 Ended June 30, 2020, Was About $292 Million.
Amc Entertainment Holdings Inc - Remaining 10% of International Theatres Left to Reopen Are Expected to Resume Operations As Demand Warrants.
Amc Entertainment Holdings Inc - As of August 31, 2020, Company's Cash Balance Was $507.9 Million.
Amc Entertainment Holdings Inc - Expect the Cash Burn for the Remainder of the Third Quarter of 2020 to Be Roughly Comparable to Previous Levels.
Amc Entertainment - If Co Experiences Negative Developments, Co May Require Additional Sources of Liquidity in Amounts That Could Be Material.
Amc - Commencing in 2021, Absent Negotiations With Landlords, Cash Expenditures for Rent Will Increase Significantly Following Periods of Agreed Deferrals.
Amc Entertainment - Postponement of Major Releases Slated for Thanksgiving, Christmas Holidays Would Likely Significantly Impact Liquidity in Q4.