(Reuters) – AMC Entertainment Holdings reported a larger-than-expected fall in first-quarter revenue on Thursday, hit by delays in theatrical releases and a growing customer preference for streaming.
Revenue fell to $148.3 million in the quarter ended March 31 from $941.5 million a year earlier. Analysts had expected a figure of $153.43 million, according to IBES data from Refinitiv.
(Reporting by Chavi Mehta in Bengaluru)
