
AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher Tuesday after the company reported better-than-expected financial results.
AMC Entertainment reported first-quarter revenue of $785.7 million, which was up from $148.3 million year-over-year and beat the estimate of $736.23 million, according to data from Benzinga Pro. The company reported an adjusted loss of 52 cents per share, which beat the estimate for a loss of 63 cents per share.