Cinema Isn’t Dying | Seeking Alpha

On August 2nd, movie theater chain operator AMC Entertainment Holdings Inc. (AMC) dropped a bombshell on an exhibitor industry that was already on the ropes. AMC’s second quarter pre-release warned investors that revenue, EBITDA, and net income will all miss analyst targets for the quarter ended June 30, 2017. Even worse, AMC lowered guidance in all three metrics for the full year and blindsided the market with a $202.6 million impairment charge that will lead to a net accounting loss for the quarter of at

Source: Cinema Isn’t Dying | Seeking Alpha