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Revenue Record

All articles tagged with #revenue record

AMC rockets on record revenue as CEO shrugs off doom-mongers
finance18 hours ago

AMC rockets on record revenue as CEO shrugs off doom-mongers

AMC Entertainment surged about 24% after reporting quarterly revenue of $1.6 billion and a record adjusted EBITDA, with CEO Adam Aron calling the quarter unprecedented; the results were aided by blockbuster releases and pricing strategies that boosted attendance, with domestic ticket revenue up roughly 11% and European attendance up 18%; the stock remains a meme-stock favorite despite capital raises and a long-term decline from its 2021 highs (about 99% lower); year-to-date the shares are up around 49%.

business9 months ago

Southwest Airlines Posts Record Revenue Amid Strong Demand and Successful Transformation

Southwest Airlines reported a record third quarter with $6.9 billion in revenue, exceeding expectations due to strong operational performance and successful transformation initiatives, including new seating options and expanded partnerships, reaffirming their full-year EBIT guidance of $600-$800 million.