AMC Entertainment Holdings, Inc.

(NYSE:AMC) shares are trading higher after the company reported better-than-expected second-quarter results.

Adjusted EPS of 14 cents surpassed the analyst expectations for a loss of six cents per share.

The largest cinema chain operator’s revenue rose 14.2% year over year (Y/Y) to $1.60 billion, exceeding estimates of $1.47 billion.

This is supported by higher attendance, box office growth, and increased per-guest spending.