AMC Entertainment Sees Attendance Drop of 10% in Fourth Quarter, Shares Fall to New Low
Shares of AMC Entertainment fell by 3% on Monday, reaching a multi-year low of $1.16 following the company’s announcement of a 10% decline in attendance for the October-to-December quarter.
In its financial report, AMC revealed total revenue slightly decreased to $1.288 billion for the period ending December 31. Meanwhile, net losses per share narrowed to 25 cents, compared to 35 cents during the same quarter last year. Notably, these figures exceeded Wall Street analysts’ expectations.
During the quarter, attendance exceeded 56.3 million. For the entire year, total attendance dropped 2% to 219.4 million.
The official financials were released nearly a month after AMC provided preliminary results and outlined a refinancing deal with senior secured debt holders. Despite demonstrating resilience during the pandemic shutdowns and managing to avoid bankruptcy, AMC’s stock began the year below $2 and has continued to decline, raising concerns about its substantial debt load that has resurfaced since pre-Covid times.
The fall and holiday quarter featured the release of major titles such as Disney’s Zootopia 2 and Avatar: Fire and Ash, yet the overall box office performance did not meet expectations. Competitor Cinemark recently reported mixed earnings results, highlighting a lackluster performance for wide releases.
Looking back at 2025, the North American box office revenue saw a modest increase of 1.5% compared to 2024, while AMC’s revenue grew by 5%. CEO Adam Aron noted that last year marked a significant milestone for the company, with AMC outpacing the industry’s growth by achieving a 4.6% increase in total revenue.
Aron and other executives were scheduled to discuss the quarterly earnings in a call following Monday’s market close.
