Shares of AMC Entertainment rose after the company posted a narrower-than-expected loss during the second quarter.
"AMC's journey through this pandemic is not finished, and we are not yet out of the woods," CEO Adam Aron said in a statement Monday.
Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:$444.7 million vs. $382.1 million expected The movie theater chain reported revenue of $444.7 million, higher than the $382.1 million analysts had expected. As of the end of June, all of AMC's 593 U.S. theaters were open to the public and 335 of its international theaters, or about 95%, were operational.
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