AMC Entertainment beats quarterly revenue estimates

(Reuters) – AMC Entertainment Holdings Inc beat Wall Street estimates for third-quarter revenue on Tuesday as a sustained boost from movies such as “Top Gun: Maverick” and new releases including “Thor: Love and Thunder” drew more footfall to cinema halls.

Adjusted revenue during the quarter ended Sept. 30 was $1.01 billion. Analysts on average had expected total revenue of $961.1 million, according to Refinitiv data.

(Reporting by Chavi Mehta in Bengaluru; Editing by Krishna Chandra Eluri)

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