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$AMC Entertainment exceeded expectations with its Q2 earnings, rising 16.2% in pre-market trading.
Net Income: $1.60 billion, +14.2%YoY.
EPS: +0.14, Est: -0.02
Operating Margin: Increased to 14.9%.
Cash Position: $778.4 million
AMC's US revenue increased by 13.0%.
Audience attendance at the company's overseas theaters saw a strong increase of 17.9% this quarter.
Adjusted EBITDA, with a growth of 336.7% compared to the same period last year, was the driving force of the balance sheet.