Aug 9 (Reuters) - AMC Entertainment , the cinema operator beat second-quarter revenue estimates on Monday, lifted by millions of moviegoers at its theaters catching up on in-person entertainment after a year of staying indoors.
Revenue at the company, one of the "meme stocks" at the center of a boom in small-time investing this year, rose to $444.7 million in the quarter ended June 30, from $18.9 million a year earlier. Analysts on average had expected revenue of $382.1 million, according to IBES data from Refinitiv.
(Reporting by Eva Mathews and Tiyashi Datta in Bengaluru;
Editing by Maju Samuel)
((Eva.Mathews@thomsonreuters.com;)
Revenue at the company, one of the "meme stocks" at the center of a boom in small-time investing this year, rose to $444.7 million in the quarter ended June 30, from $18.9 million a year earlier. Analysts on average had expected revenue of $382.1 million, according to IBES data from Refinitiv.
(Reporting by Eva Mathews and Tiyashi Datta in Bengaluru;
Editing by Maju Samuel)
((Eva.Mathews@thomsonreuters.com;)