AMC stock gains post wider Q4 forecasts via /r/wallstreetbets #stocks #wallstreetbets #investing


AMC stock gains post wider Q4 forecasts

Company Forecast
  • Total revenues for the three months ended December 31, 2021 to be approximately $1,171.6 million compared to $162.5 million for the three months ended December 31, 2020.
  • Net loss for the three months ended December 31, 2021 to be between $194.8 million and $114.8 million, including an estimated non-cash impairment charge related to long lived assets of $50.0 million to $125.0 million, compared to a net loss of $946.1 million for the three months ended December 31, 2020, which included a non-cash impairment charge related to long lived assets, definite and indefinite lived intangible assets and goodwill of $466.1 million.
  • Adjusted EBITDA to be between $146.8 million and $151.8 million for the three months ended December 31, 2021 compared to an EBITDA loss of $(327.5) million for the three months ended December 31, 2020.
  • Operating Cash (Burn) Generated during the three months ended December 31, 2021 to be approximately $216.5 million.
  • Available liquidity at December 31, 2021 to be $1,801.6 million. Cash and cash equivalents at December 31, 2021 to be $1,592.5 million.

AMC stock gains post wider Q4 forecasts

Submitted February 01, 2022 at 03:17PM by Narrow_Feeling9985
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