The company reported a 23.5% fall in revenue compared to Q2 2023. However, the final weeks of the quarter reignited the company’s revenue and set the path for the upcoming quarters.
The company’s revenue for the quarter was USD 941.5 million, compared with USD 1.2 billion a year ago. The theater chain expects to have 97-98% of its theaters reopened by mid-July, along with 90-95% of cinemas around the world.