Giant theater chain AMC Entertainment’s revenue reached $1.4 billion, up 2.4%, as it swung to a net loss of $13.5 million in the fourth quarter. The loss was due to one-time items of close to…
AMC Entertainment
The loss was due to one-time items of close to $100 million to write down “lease right of use” assets and other charges. Adjusted net income, which factors these out, was $38.9 million, up 105% from the year earlier quarter.
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