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AMC Theatres Looks Beyond Another Quarterly Loss to Prospect of Market Recovery

Largest Cinema Chain Sees Glimmer of Normalcy That Could Still Be Years Away
AMC Theatres posted a first-quarter net loss of more than $567 million as revenue declined 84% from a year earlier. (Getty Images)
AMC Theatres posted a first-quarter net loss of more than $567 million as revenue declined 84% from a year earlier. (Getty Images)

AMC Theatres suffered steep financial losses in the first quarter but said it is hoping the return of rampaging movie beasts like Godzilla and King Kong signals the start of recovery from a pandemic that wreaked havoc for cinemas and their property landlords over the past year.

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