A lack of winter blockbusters took a bite out of AMC Theatres’ quarterly earnings. Losses at the world’s largest cinema operator widened to $202.1 million as the box office got off to a rough start to the 2025,

The parent of AMC Theatres recorded revenue of $862.5 million for the three months to March 31, which is down 9 percent from a year-earlier revenue line at $951.4 million. The mega-exhibitor also widened its first quarter loss to $202.1 million, compared to a year-earlier loss of $163.5 million.

AMC Entertainment took an expected big financial hit in the first quarter of 2025 with revenue and net losses worsening compared to the start of 2024 as domestic grosses at the box office sank to $1.41 billion.