AMC Entertainment Holdings Inc (NYSE:AMC) is trading higher Tuesday morning after the company announced preliminary fourth-quarter financial results.
AMC reported preliminary quarterly revenue of $1.1716 billion, which is above the estimate of $1.09 billion and up from $162.5 million year-over-year. The company said it expects its net loss to be between $194.8 million and $114.8 million, compared to a net loss of $946.1 million in the same quarter last year.
