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AMC chance to break-even on cash flow
AMC Entertainment
Long
AMC chance to break-even on cash flow
By TopgOptions
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Aug 10, 2021
1
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Aug 10, 2021
AMC quarter revenue $444 million vs an estimate of $382 million,
adjusted loss per share $0.71 cents vs The Street expecting a loss per share of $0.93
Consolidated attendance was 22.1 million for Q2 compared to 100,000 year over year
But the real great news is that AMC has now the chance to break-even on cash flow!
They are burning less cash!
My target is the 40usd resistance.
AMC
amcentertainment
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amcmovietheather
amcshortsqueeze
amcstock
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