AMC Entertainment Holdings, Inc.’s (AMC – Free Report) continues to benefit from reopening of theaters. Consequently, robust Admissions revenues are likely to get reflected in the top line when it reports second-quarter 2021 results on Aug 9.
Reopening Of Theaters to Drive Growth, Cash Burn Persists
AMC Entertainment is focused on resuming its business. As of Apr 30, 2021, the company opened nearly 589 of 593 domestic locations and 110 of 357 international locations. During first-quarter 2021 conference call, the company informed that its theaters in Spain and Portugal are open along with much