AMC positive about box office recovery as 'Ant-Man' lifts quarter

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AMC Entertainment Holdings Inc on Friday provided an upbeat assessment of box office recovery this year, after beating quarterly revenue estimates as films including the latest installment of 'Ant-Man' drew moviegoers to theaters.

An AMC theatre is pictured amid the coronavirus disease pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegrion Friday provided an upbeat assessment of box office recovery this year, after beating quarterly revenue estimates as films including the latest installment of "Ant-Man" drew moviegoers to theaters.

"We could not be more optimistic about the prospects for the 2023 box office, except to say that 2024 looks even better," said CEO Adam Aron. AMC also signaled a boost to current quarter from the release of the much-awaited "The Super Mario Bros. Movie" and said it expected "The Little Mermaid", "Guardians of the Galaxy Vol. 3" and "Spider-Man: Across the Spider-Verse" to generate box-office sales for the rest of the year.

 

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